JLL advised Macquarie Asset Management in the refinancing of the loan facilities of the Ilmalalinna office property situated in Helsinki.
News release
10 June 2024
JLL advised Macquarie Asset Management in refinancing transactions
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With JLL's assistance, Macquarie Asset Management successfully secured a new loan with very competitive terms from a major Nordic bank, which is also a new lending counterparty for Macquarie Asset Management. Notably, the loan was structured as a Green loan. Criteria for Green loan is tied to energy certificate classification reaching A as well as to BREAAM or LEED certificate levels, demonstrating the high quality and adherence to impressive ESG standards exhibited by the Ilmalalinna property.
Located in the Western Pasila region of Helsinki, Ilmalalinna was originally acquired by Macquarie in 2019. Following the further development efforts, which concluded in the summer of 2023, the property now spans over 31,000 GLA across five buildings. Sweco headquarters in Finland, along with other prominent tenants, are among the occupants of the property.
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 108,000 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.