This transaction is expanding Deutsche Bank's social infrastructure loan exposure in Finland
News release
24 October 2024
JLL advised eQ Community Properties Fund in raising a 154 m€ loan from Deutsche Bank
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JLL has successfully acted as debt and financial advisor for eQ Community Property Fund in a debt financing transaction for a portfolio of properties located in Helsinki Metropolitan Area and Tampere. The lender in the transaction is Deutsche Bank.
Samuel Granvik, Director, Debt Financing, eQ:
“We are very happy about this financing. Onboarding a prominent international financial institution such as Deutsche Bank underlines the long-term commitment and pioneering ambitions of eQ as a leading Finnish real estate fund manager. This financing arrangement marks a significant milestone, not only for eQ’s real estate funds, but also for the Finnish open-ended funds to reach international debt capital. We want to thank JLL and Deutsche Bank for a pragmatic and solution-orientated process.”
Matt Sadd, Financing Origination, Deutsche Bank:
“The Finnish market offers attractive opportunities in relation to Public Sector-supported real estate. We are very happy to have completed our first transaction with the eQ Group.”
Eemeli Lehto, Head of Debt & Financial Advisory, JLL Finland:
“It is a great honour to have been supporting eQ in all phases of the financing process and thank you for the eQ team for seamless co-operation. We are extremely pleased with the outcome and for being able to assist eQ to establish a new lender relationship with Deutsche Bank."
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 110,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.