Pbb Deutsche Pfandbriefbank and Caisse d’Epargne Nord France Europe (CENFE) have partly financed the acquisition of a French retail portfolio by OPCI PREIM Retail 1, managed by Primonial REIM. The loan amounts to EUR 57 mln.
Pbb Deutsche Pfandbriefbank and Caisse d’Epargne Nord France Europe (CENFE) have partly financed the acquisition of a French retail portfolio by OPCI PREIM Retail 1, managed by Primonial REIM. The loan amounts to EUR 57 mln.
Pbb acted as mandated lead arranger and is the security and facility agent. Caisse d’Epargne Nord France Europe acted as arranger.
The portfolio, acquired from French REIT Mercialys, consists of 10 shopping galleries totalling 64,080 m2 of retail space. The assets, spread across France, are let to 213 tenants, including anchor tenants such as Casino Restauration, Brico Dépot and Feu Vert.
