Internos secures EUR 37.5m loan for German retail fund

By A staff reporter 2010-10-04T00:00:00

Fund manager Internos Real Investors said on Monday it has secured a new EUR 37.5 mln loan facility with German real estate bank Berlin-Hannoversche Hypothekenbank for its German Retail Partnership Fund (GRP) and subsequently acquired a retail park in Northern Bavaria on behalf of GRP for EUR 8.8 mln.

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