Natixis Pfandbriefbank has arranged a €75 mln senior debt facility for funds managed by Blackstone to finance the acquisition of a mix-used asset located in the HafenCity district of Hamburg.

Natixis Pfandbriefbank has arranged a €75 mln senior debt facility for funds managed by Blackstone to finance the acquisition of a mix-used asset located in the HafenCity district of Hamburg.

Natixis Pfandbriefbank acted as mandated lead arranger, lender, facility and security agent in the transaction, which reached financial close on 3 June 2014.

Known as the Sumatrakontor, the property was built in Überseequartier, the commercial zone of HafenCity, in 2011. It provides 30,500 m2 of lettable area – spanning the sixth to ninth floors – for residential, retail and office purposes.

The US private equity giant bought the Sumatrakontor mixed-use building in April this year from fund manager Pramerica’s open-ended TMW Weltfonds, which is in liquidation.