13.5.2019

Global Net Lease – Financing

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We advised Global Net Lease Inc. in the refinancing of its EUR 74,000,000 Senior Term Loan Facility Agreement.

The facility was used to finance the properties owned by Global Net Lease Inc. The portfolio is comprised of five properties, four in Vantaa and one in Mäntsälä. The Vantaa properties are all let to Finnair Oyj, the largest airline company in Finland. The Mäntsälä property is a logistics warehouse and office space let to Tokmanni Oyj, a major stock-listed discount retailer in Finland.

Latest references

We advised CapMan Real Estate in the acquisition and financing of a high-quality residential asset located in Katajanokka, Helsinki.  The asset was acquired from the Finnish Seamen’s Service Bureau (MEPA).  The property consisting of 38 modern rental apartments with a parking garage was completed in 2017. The building features high-quality construction, modern floorplans, and well-designed communal areas including a gym and rooftop sauna premises, and blends with the area’s historic maritime character. The residential asset is located in the prestigious Katajanokka seaside district of central Helsinki, known for its architectural heritage and proximity to the city centre. The property has a high ESG profile which will be further improved by CapMan Real Estate.
Case published 6.11.2025
Castrén & Snellman acted as legal advisor to Suomen Aurinkovoima Oy and its owners in a financing tender process and a financing arrangement implemented with Danske Bank to secure financing for the company’s future solar park projects. Suomen Aurinkovoima, established by Oulun Seudun Sähkö, Oulun Energia, Vantaan Energia and Savon Voima, is a company focused on increasing domestic solar power. The company manages solar park projects from planning to implementation and maintenance, and its goal is to build dozens of new solar parks across Finland by 2030.
Case published 22.10.2025
We acted as the Finnish legal counsel for the funders to Nevel Oy in a EUR 665 million refinancing arrangement through a mix of multicurrency bank loans and private placement notes. Nevel is a utility infrastructure company offering advanced industrial and real estate infrastructure solutions that are fit-for-purpose and future-proof. The transaction supports Nevel’s growth strategy and its goal to help customers to achieve climate goals.
Case published 20.8.2025
We advised Triton Partners and Habeo Group in a leveraged financing arrangement with Danske Bank A/S, Nordea Bank Abp and Skandinaviska Enskilda Banken AB. The financing included facilities amounting to EUR 80 million for refinancing, acquisitions and other general corporate purposes. Habeo Group is a comprehensive service provider in the technical building services sector, cultivating the value of buildings throughout their lifecycle. The group employs some 600 technical building services professionals. In 2023, we advised Triton in its platform investment, the formation of Habeo Group, through its acquisition and financing of eight Finnish companies.  
Case published 7.8.2025