Krogerus advised AIP Asset Management and Avant Capital Partners in refinancing a landmark office asset in Helsinki

Krogerus advised AIP Asset Management (AIP) and Avant Capital Partners (Avant) on securing green refinancing of a landmark office asset in Helsinki. The asset’s exceptional ESG credentials played a key role in securing the full refinancing, demonstrating the strong interest in top-quality office assets even in a challenging market environment.

The modern office property, located in Vallila district in Helsinki, was originally acquired by Korean investor group and a Finnish pension institution in January 2020 through a sale and leaseback transaction. AIP and Avant manage the asset on behalf of the investors. The property, which includes several buildings and features a high-quality anchor tenant, has been developed with a strong focus on sustainability. All buildings have received an EPC rating B and the asset is aligned with the EU taxonomy’s substantial contribution criteria underlining its excellent ESG performance.

Partner Heidi Kivenjuuri led the team together with Senior Associate Kaarlo Hakkarainen. They were mainly assisted by Associates Essi Hällström and Elsa Uitto.