Finland. Antilooppi Ky
|Date of agreement:||28 Apr 2023|
|Amount in EUR:||EUR 40 million|
|NACE sector / loan type:||Construction|
Financing from NIB Environmental Bond proceeds
NEB-eligible share: 100%
NEB category: Energy efficiency
Amount disbursed: EUR 40 million
Note: For loans in other currencies than EUR, the equivalent in EUR is based on the exchange rate effective for the disbursement. Read more about the NIB Environmental Bonds
The loan has been provided for the Finnish real estate investment company Antilooppi Ky for the financing of the refurbishment of the historical building Siltasaari 10 in Hakaniemi, Helsinki. The property has received LEED Platinum, the highest level of certification in the LEED program, and is aiming for WELL Gold level certification. The focus of WELL Building standards and certification is on the health and wellbeing of property users. The renovation project has also significantly improved the energy efficiency of the building.
The renovation has combined three properties with a total floor area of 37,100 square metres into a single whole. The building is now a unique complex serving urban residents and employees, and housing a restaurant hub, grocery store, lobby service, as well as a flexible co-working area and other shared spaces.
The Siltasaari 10 development project was finalised in 2021.
Fulfilment of NIB's mandate
The renovation project significantly improves the energy efficiency of the building. The energy savings will also make the building more appealing to tenants.
Additionally, major part of the building is certified according to LEED Platinum which is the highest level of certification in the LEED program.
NIB has not identified any significant environmental concerns in connection with the project.