German investment consultancy Caerus has granted a €100 mln loan to refinance a real estate portfolio in the Netherlands.
The first-ranking secured senior loan has a four-year term.
The portfolio consists of 51 properties spread over 21 locations in the Netherlands, of which around 93% are let.
The properties are owned by one of the top private Dutch real estate investors who has opted for strategic manage-to-core approach with a special focus on ESG criteria.
Peter Anthuber, CIO of Caerus said: 'The Netherlands are a very attractive target market for us. We have been active there for years. What's more, in the future the widely-diversified real estate portfolio we are now financing will help to retain the high level of risk diversification in the funds we manage for institutional investors.'
The 115,000 m2 portfolio is 31% leased for commercial use, 23% residential, 18% light industrial, 14% office, and the rest for the care and hotel sectors.
Since 2014, Caerus has committed over €2.5 bn in loans for the financing of real estate projects and transactions, mainly in Germany, Austria, Switzerland, and the Benelux countries.
