pbb Deutsche Pfandbriefbank has provided an investment facility of EUR 41 million to a property vehicle recently set up by Ness, Risan & Partners (NRP), an independent and privately owned Norwegian investment firm with a strong position in the Nordic real estate markets.

The loan was provided to support the acquisition of a single-let logistics centre located in Greater Helsinki. The transaction closed in May 2019. The property comprises some 40,000 m² lettable area in total and is fully let to Onninen Oy on a long lease.

Norbert Müller, Head of Real Estate Finance Continental Europe West at pbb Deutsche Pfandbriefbank, said: 'We are happy to grow our client base in the Nordics and establish a relationship with NRP to support them in their expansion in Finland. The property is a strategic asset for Onninen Oy, a leading B2B technical wholesaler in Scandinavia.'

Deutsche Pfandbriefbank AG veröffentlichte diesen Inhalt am 12 Juni 2019 und ist allein verantwortlich für die darin enthaltenen Informationen.
Unverändert und nicht überarbeitet weiter verbreitet am 12 Juni 2019 07:43:04 UTC.

Originaldokumenthttps://www.pfandbriefbank.com/medien/pressemitteilungen/detail/news/pbb-provides-acquisition-financing-of-finnish-logistic-centre.html

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