Aareal Bank has provided a €368.19 mln loan to Hillwood to finance a portfolio of 18 logistics assets located in Poland and Germany.
Hillwood specialises in the development and management of logistics and industrial properties and is active across Europe and North America.
The green loan has been structured in line with Aareal’s Green Loan Framework. All properties have either achieved or are targeting BREEAM or DGNB certifications. Five are located in Germany and 13 in Poland.
Severin Schoettmer, managing director special property finance at Aareal Bank, said: ‘Partnering with Hillwood has been an outstanding experience. Their professionalism, attention to detail, and commitment to delivering high-quality buildings are truly exceptional. We are proud to support their vision as they continue setting new standards across Europe.’
Tomasz Jaroszewski, vice president at Hillwood, added: ‘We’re delighted to have reached agreement with Aareal Bank on a strategic investment plan that supports our vision for the future and facilitates the further expansion of our business in Poland and Germany.’
Armin Senoner, director (DE/UK) debt capital markets at Hillwood, said: ‘We are excited to embark on our first transaction with Aareal Bank, marking a significant step in building a strong and reliable partnership.’
Aareal Bank acted as the sole arranger, facility agent, and security agent, demonstrating its capability in managing complex cross-border transactions.
Hillwood was advised by international law firm Clifford Chance, and Aareal Bank was advised by DLA Piper.
