German property lender Eurohypo has entered into a £340 mln (EUR 380 mln) financing with Telereal Trillium, secured against a portfolio of properties within Telereal Trillium's outsourcing contracts.

German property lender Eurohypo has entered into a £340 mln (EUR 380 mln) financing with Telereal Trillium, secured against a portfolio of properties within Telereal Trillium's outsourcing contracts.

The facility, arranged and structured by Eurohypo, is provided by a club of banks comprising Eurohypo, Lloyds, Barclays and Santander. This new facility refinances an existing loan, also arranged by Eurohypo, which was assumed as part of the acquisition by Telereal of the Trillium business from Land Securities Group in January 2009.

Eurohypo is the facility agent for the transaction.