In its capacity as sole lender and hedging provider, Helaba has provided a long-term acquisition facility amounting to a total of €78.5m (SEK770m) for M&G Real Estate.
The loan financed the purchase of Blekholmen 1, an office scheme located next to Stockholm central station. The 34,000m² building is multi-let to 30 tenants and has recently undergone significant refurbishment.
