Aareal Bank Arranges €358 Million Financing for Northern Europe Mall

Aareal Bank has facilitated a €358 million refinancing for Helsinki's Mall of Tripla. This transaction involves Danske Bank and OP Corporate Bank as co-lenders, replacing the original 2016 construction loan. The mall, located in the Pasila district, opened in 2019 alongside a newly rebuilt railway station. With 85,000 square meters of leasable retail space, it stands as one of Northern Europe's largest malls, attracting 30 million visitors yearly and offering over 200 brands.

The Mall of Tripla is central to the Tripla complex, offering a mix of commercial, residential, and hospitality spaces. It holds a LEED Platinum certification, aligning the refinancing with Aareal Bank's Green Financing Framework. This move underscores the bank's commitment to sustainable retail developments in key global locations.