Pareto Alternative Investments AS ("PAI") has provided 1st-lien debt to the residential property developer Realy Bostad for 240 ESG-certified residential apartments across three different projects located in Steninge slottsby, Greater Stockholm, and Tynnered, Gothenburg. The total expected loan amount under the agreement is SEK 450 million, half of which is paid out immediately and the remainder upon stabilisation of the final phase in Steninge slottsby during the first quarter of 2025.
Link to press release (Swedish): https://bit.ly/3YnrG6h
