German lender Helaba has provided a €112 mln refinancing for a portfolio of three logistics assets in Sweden owned by NLP Holding 8, a special purpose vehicle of Norwegian listed firm Northern Logistics Property.
German lender Helaba has provided a €112 mln refinancing for a portfolio of three logistics assets in Sweden owned by NLP Holding 8, a special purpose vehicle of Norwegian listed firm Northern Logistics Property.
Helaba acted as arranger, sole lender and agent.
The three modern and partly refurbished properties, comprising a total lettable space of around 153,000 m2, are located in Helsingborg and Malmö and are let on a long-term basis predominantly to ICA Fastigheter, a subsidiary of the leading Swedish food retailer ICA.
Northern Logistic Property ASA (NLP) is a leading pure-play logistics property company based in the Nordic region and has been listed on Oslo Børs since 2007. NLP's portfolio consists of 20 logistics properties with a total lettable area of 734,000 m2.
