Cheyne Capital has provided a €62 million ($65.6 million) senior loan to Samla Capital Oy to finance the redevelopment of The Hotel Maria, a luxury hotel located in the heart of Kruununhaka, Helsinki. This project represents Cheyne’s second real estate transaction in Finland.
The Hotel Maria is a uniquely positioned five-star luxury hotel with a central location in Kruununhaka. It consists of four beautiful, historic buildings that are being comprehensively reconfigured and refurbished, without compromising the original exterior. The finished hotel will consist of 117 rooms, two restaurants, two bars, a spa, a gym and a ballroom, as well as a small chapel. The hotel is expected to open in December 2023.
“The Hotel Maria is a significant new arrival on the Finnish hotel scene, offering an enhanced experience for guests who appreciate Nordic hospitality and authenticity,” said Samppa Lajunen, founder and portfolio manager of Samla Capital Oy. “Luxury tourism is
