Our ambition is to be the preferred partner for real estate investment in the Nordics. We combine our deep, embedded knowledge of the Nordic real estate investments with our expertise in maximizing returns in different markets and segments through hands-on asset management.
The longevity and seniority of our team ensures that Genesta’s local hands are able to draw upon long-standing, trusted relationships across investment, occupational and financial markets. Together with our senior management team, our in-house asset managers are strategically placed in the Nordic capitals to work hands-on with property managers, sustainability consultants, technical consultants and many more.
Proven Track Record
Genesta’s track record in generating real value for our institutional investors and partners is proven. Our 18 realizations have generated project IRR’s net of taxes of 17% and a 1.8x equity multiple.
Please contact Investor Relations for further information.
GNRE Fund III
An actively managed closed-end fund investing in commercial value add real estate in the Nordic region. The fund will follow a similar strategy to its successful predecessor GNRE Fund II. The fund will use a maximum of 50% leverage and be diversified by risk profile, country and property sector.
First close took place in 2019 with EUR 334 million committed from eight investors from GNRE Fund II. The fund seeks additional capital from investors to arrive at its target of EUR 450 million.
GNRE Core Plus
An actively managed closed-end fund investing in commercial value add real estate in the Nordic region. The fund will use a maximum of 40% leverage and be diversified by risk profile, country and property sector.
The fund was launched and had its first close in 2018 with EUR 77.5 million in equity from 3 institutional investors. The target is to raise a total of EUR 250 million.
We provide Unique Investment Opportunities
Decision Making and Social Responsibility
Genesta is a vertically integrated fund manager based in Luxembourg, regulated by CSSF (Commission de Surveillance du Secteur Financier). Investment decisions are subject for review by a Finance & Investment committee and an independent board with non-executive board members assisted by the Audit & Risk committee, a risk & compliance manager and a sustainability manager.
Solid Return on Investments
Throughout the years our funds have outperformed theirs benchmarks, and we strive every day to keep this winning streak going.
Take a look at our up-to-date list of acquisitions and divestments for our current running funds.