German lender DekaBank has financed a portfolio of three core logistics assets in Germany on behalf of a joint venture between UK REIT Segro and Canadian pension fund PSP.
German lender DekaBank has financed a portfolio of three core logistics assets in Germany on behalf of a joint venture between UK REIT Segro and Canadian pension fund PSP.
The loan volume amounts to just over €59 mln. The properties are all fully let on long leases to established logistics tenants and cover a total area of 131,000 m2. They are located in Krefeld, Oberhausen and Neuss.
'This financing follows on the back of other successful deals already financed in Germany this year by DekaBank involving core assets and experienced sponsors,' said Amar Latif, in charge of German real estate lending activities at DekaBank.
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INVESTMENT BRIEFING
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Outlook 2016: Europe & Germany
Date 26 November 2015
Time 09:00 - 11:30
Location Ashurst, Opernturm Frankfurt
Frankfurt 60306, Germany
The fourth year of the successful Outlook series of investment briefings is coming to Frankfurt and will provide insights from leading figures on the investment outlook for real estate markets in both Germany and Europe.
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