Italian asset manager Dea Capital Real Estate has secured a green loan of €358 mln from lender Unicredit to finance the acquisition and development of a portfolio of 20 logistics assets in Italy.
The three-year financing was arranged by Dea Capital on behalf of its Go Italia VII fund, completely invested by investor BentallGreenOak (BGO).
The fund focuses on building up a portfolio of high-quality big box and last-mile logistics assets in Milan, Bologna, Verona and Rome for a total gross lettable area of 750,000 m2.
UniCredit acted as Underwriter, Mandated Lead Arranger, Sole Bookrunner, Original Lender, Green Loan Co-ordinator, Hedging Co-ordinator e Agent .
DeA Capital Real Estate SGR was advised by Vitale & Co. and Eastdil Secured on financial aspects.
