Vienna-listed investor-developer Immofinanz has secured a €300 mln loan facility in one of the largest Austrian real estate financing transactions in recent years.

Vienna-listed investor-developer Immofinanz has secured a €300 mln loan facility in one of the largest Austrian real estate financing transactions in recent years.

Bank of Austria and German lender pbb Deutsche Pfandbriefbank have jointly underwritten the senior facility to refinance a 38-asset portfolio in Austria.

The portfolio provides 218,000 m2 of mainly office and retail space. Most of the buildings are located in Vienna.