AMSTERDAM, 11 August 2022 – On behalf of leading global private markets firm Partners Group, Cushman & Wakefield Debt & Structured Finance (D&SF) is pleased to announce their role as debt advisor in the acquisition of an off-market light-industrial portfolio in Finland. The team successfully secured a large financing from local lender Nordea at competitive conditions.
This mandate was obtained after our local expansion in the Nordics with our newest hire Stefan Söderholm based in Helsinki to further strengthen D&SF’s European presence.
The sizeable portfolio consists of 19 assets spread across the country, 96% occupied by over 80 tenants from a diversified range of industries. The assets are strategically located in close proximity to urban areas, these locations boasting substantial rental growth as a result of a limited supply of last mile logistics combined with strong demand.
Maarten de Jong, partner in the EMEA Debt & Structured Finance team, says: “It was a pleasure to be involved in this deal and it showcases the fruitful start of the team’s expansion into the Nordics. We were able to add value by creating competition amongst a diversified pool of local and international lenders. It was proven there is ample liquidity available in the market for large light-industrial portfolios which resulted in favorable terms.”