The Mall of Tripla in Pasila, Helsinki, is one of the largest shopping centres in the Nordic countries, with 85 000 square metres of commercial real estate. Equity and debt financing for the project was committed in 2016 through a project finance type structure, where members of the CAPEX Advisors team were involved in ensuring functioning of the financial model and in designing and arranging interest rate hedges for the loan.
As the project entered operating phase in 2019-2020, the operational management of Mall of Tripla asked CAPEX Advisors to update the project’s financial model to meet the needs of operating phase lender reporting. CAPEX Advisors has been responsible for regular updating of the financial model submitted for lender reporting from 2020 to 2024. In addition, we have assisted the Mall of Tripla in the design of the company’s interest rate hedges and other specific economic and financial issues.
Further information: Pekka Neva, Partner pekka.neva@capexadvisors.fi