Aberdeen divests office campus in Jyväskylä to Kielo


The real estate company Kielo, managed by Brunswick Real Estate, has acquired a 17,000 sqm office property in the Finnish city of Jyväskylä.

The recently established real estate company Kielo has completed its third transaction, acquiring the office property Mattilanniemi 6-8 in Jyväskylä from Aberdeen Standard Investment. Mattilanniemi 6-8 is located in central Jyväskylä and comprise approximately 17,000 square meters of office premises. The acquisition is Kielo’s second investment in Jyväskylä and the third acquisition since the company was established in October this year.

“This asset is a strategic complement to the Kielo portfolio, both in terms of its location and the quality of the building. We are very happy to end the company’s first quarter with another acquisition of a high-quality office property in a growing market. Kielo will continue to grow and we see many interesting investment opportunities in the Finnish regional markets and HMA in the coming year of 2018”, Partner at Brunswick Real Estate says.

Kielo’s investment strategy is to focus on high-quality assets in growing Finnish regional cities including HMA. Kielo was established in October 2017. The aim is to create an attractive real estate portfolio that provides high and stable returns with significant growth potential through active local asset management.

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Mrec Oy acted as exclusive commercial adviser to the vendor.