JLL acts as commercial advisor in the largest social infrastructure transaction of the year in the Nordics
JLL Capital Markets in Sweden and Finland, together with its partners Akershus Eiendom (Norway) and EDC International Poul Erik Bech (Denmark), have acted as commercial advisor to Brookfield Super-Core Infrastructure Partners in the acquisition of 49 per cent of the shares in the newly formed social infrastructure company, EduCo AB. The seller of the shares is Samhällsbyggnadsbolaget i Norden AB (SBB).
SBB will remain the owner of the outstanding 51 per cent of the shares in the company. The company focuses on education assets in the Nordics and the portfolio encompasses 585 sites. The majority of the portfolio is located in Sweden and Norway and will be managed by SBB.
"I am extremely proud of the work we have done as commercial advisors to Brookfield in this very large, complex transaction. Moreover, I think it is interesting to see a global giant like Brookfield identifying educational assets as a key component of social infrastructure and that they now choose to invest significant amounts in Swedish and Nordic educational infrastructure", says Thomas Persson, Head of Capital Markets Nordics, JLL.
Brookfield (NYSE: BAM, TSX: BAM.A) is a leading global alternative asset manager with over $750 billion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit. Brookfield owns and operates long-life assets and businesses, many of which form the backbone of the global economy. Utilising its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the world - including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.