Germany's Eurohypo Bank has confirmed it is providing EUR 550 mln financing for the acquisition by Austrian real estate company CA Immo on of the Leo II portfolio in the German state of Hesse. The local government authorities last week sanctioned the sale of the portfolio consists of 36 state-owned properties and 170 homes for about EUR 770 mln in a sale-and-lease-back agreement.
Germany's Eurohypo Bank has confirmed it is providing EUR 550 mln financing for the acquisition by Austrian real estate company CA Immo on of the Leo II portfolio in the German state of Hesse. The local government authorities last week sanctioned the sale of the portfolio consists of 36 state-owned properties and 170 homes for about EUR 770 mln in a sale-and-lease-back agreement.
