German lenders BayernLB and MünchenerHyp are jointly financing an office building in Brussels to the tune of around €79 mln as mandated lead arrangers.
BayernLB also acted as agent in the transaction. The property is located near Brussels International Airport, was completed in May, and is 100% leased to two tenants on a long-term basis.
The building offers 35,690 m2 of state-of-the-art office space and has both BREEAM "Excellent" and BEN certification.
The fit-out features the latest SMART building applications such as energy monitoring, remote management and an extensive sensor network. Lanesbrook Real Estate is representing an institutional client as their advisor in this transaction.
Gunnar Rüffer, responsible for international real estate clients at BayernLB said: 'We are pleased to further expand our international customer base with this club deal.
'With the state-of-the-art network and energy efficiency in the building, this is one of the most recent examples of our strategy to ‘finance progress’.'
Nicole Jürgensen, head of commercial real estate finance international clients at MünchenerHy said: 'Despite challenging times we have jointly closed a highly interesting club deal for an international client.
'For us, this is the next leap for our growth strategy in international financings in the European markets where we are active.'
