Insights > Deals

Genesta acquires Copenhagen micro‑living asset Mylo

2 November 2026 | Land acquisition | Debmark| 333 units | Operational

The GNRE Core Plus Open‑Ended Fund is entering the micro‑living segment by acquiring the operating property from a DFI and SF Management joint venture.

Key details

Asset type

Operational

Location

Copenhagen, Denmark

Capacity

333 units

Buyer

GNRE Core Plus Open‑Ended Fund

Seller 1

Deutsche Finance International

Seller 2

SF Management

Value

Undisclosed

Source: Genesta

The property opened in 2024 and is fully occupied, mainly by young professionals. Residents have access to shared kitchens, lounges, coworking spaces and roof terraces.

Strategic context

This is Genesta's fourth residential investment in 2026, following three Finnish acquisitions, and its second investment in Greater Copenhagen after buying Cirkelhuset in 2022. Mylo adds operational shared‑living property rather than a conventional rental apartment building. Its full occupancy provides an established rental income base, but service costs and tenant turnover remain important factors in determining the property's sustainable net income.

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