German lender Pbb has provided a €52 mln loan to refinance the Garbe Logistic European Investment Fund, a fund managed by Garbe Logistic.
German lender Pbb has provided a €52 mln loan to refinance the Garbe Logistic European Investment Fund, a fund managed by Garbe Logistic.
The fund's properties are located in established German locations and have an aggregate rentable floorspace of 140,000 m2.
'This financing underlines the attractiveness of logistics assets. With pbb, we have found a first class partner for the financing of lo gistics properties and we look forward to working with them in the future,' commented Christopher Garbe, member of the Board at Garbe Logistic.
