ALTAAL ESTABLISHES EUR 1 BILLION BROWN-TO-GREEN STRATEGY WITH FOCUS ON OFFICES IN FINLAND

Altaal recently acquired its first office asset under a brown-to-green investment theme with the name Green Yield. The first transaction is an off-market acquisition of Ramboll’s Finnish headquarter in Helsinki, the Ramboll Village. In addition to this, the company is in the process of acquiring additional assets from reputable counterparties in the region.

“We are pleased to acquire this fantastic building from Keva and excited to offer our investors a unique blend of real asset exposure, impact investing and dividend coupled with an entrepreneurial management team” says Stefan Gattberg, founder Altaal

Green Yield is capitalised to become a green property company targeting a modern one-billion-euro office portfolio in the Helsinki metropolitan area. The first investment includes a LEED Gold building with 133 solar panels. Altaal is lead investor and manager of the company. Carnegie acted as sole financial advisor and bookrunner, Helaba as senior lender, Nordanö as local commercial advisor and Roschier as legal advisor.

“Altaal is continuing to deliver on its overarching strategy to be a positive impact investor within niche real asset strategies. The brown-to-green theme is an example of how we put positive impact investing into practice” says Henrik Schmidt, founder Altaal

Altaal was founded by Henrik Schmidt and Stefan Gattberg with the Penser family as external investor. The ambition is to run an impact investment firm that combines high activity and professionalism with a long-term approach to value creation.

Altaal is a signatory and supporter of the United Nations Global Compact on human rights, labour, environment and anti-corruption and a signatory of the internationally recognised Principles for Responsible Investment.

Henrik Schmidt
+46 703 999 770
henrik.schmidt@altaal.com

Stefan Gattberg
+46 762 928 450
stefan.gattberg@altaal.com