German lender Deutsche Hypo has provided €37.6 mln in financing for a shopping centre project in Essen.
German lender Deutsche Hypo has provided €37.6 mln in financing for a shopping centre project in Essen.
The loan term for FMZ Food, which owns the centre, is 15 years.
Metro Properties and LHI Leasing are co-investment partners in FMZ Food.
The property will offer 25,000 m2 of space for retailers and service providers. The project is scheduled for completion this year.