Aktia is participating in a 700 million euro green financing for the eQ Community Properties Fund

Aktia is part of a Nordic financier consortium agreeing on a significant financing package for the Special Investment Fund eQ Community Properties Fund.The existing financing was replaced and the notable growth potential of the fund was secured for years to come. Sustainability is a central aspect in the fund’s operating model and hence the entire loan is classified as green sustainable financing.

The existing financing was replaced and the notable growth potential of the fund was secured for years to come. Sustainability is a central aspect in the fund’s operating model and hence the entire loan is classified as green sustainable financing.

The signed financing arrangement enables a 700 million euro financing, out of which the main part is committed loans and part is accordion financing. Besides Aktia, the financiers include Nordea, Danske Bank and Swedbank. At the end of September the Fund’s debt capital was 360 million euro.

“The executed arrangement is considerable in volume as well as from ESG perspective in the real estate industry.”, says Tero Estovirta, eQ’s Head of Real Estate Investments.

“Aktia has prepared a climate strategy, which applies to wealth management, investments, lending and the Group’s own activities. The financing of the eQ Community Properties Fund strengthens our goal to increase our share of the financing meeting responsible criteria.”, says Markus Lindqvist, Director, Sustainability at Aktia.