German lender pbb Deutsche Pfandbriefbank has provided a EUR 36 mln senior facility to Invesco Real Estate to finance the acquisition of Alpha Park II retail park in Clayes-sous-Bois/Plaisir in western Paris. The transaction closed on 25 October 2012.
German lender pbb Deutsche Pfandbriefbank has provided a EUR 36 mln senior facility to Invesco Real Estate to finance the acquisition of Alpha Park II retail park in Clayes-sous-Bois/Plaisir in western Paris. The transaction closed on 25 October 2012.
Pbb is acting as agent and sole arranger of the transaction.
Alpha Park II opened in September 2012. Its main tenants are Linea, Maisons du Monde, Maxi Zoo, Etam, Foot Locker and Natureo. The property is being developed as Phase II of the existing Alpha Park I which opened six years ago.
PropertyEU is holding a special investment briefing in Paris on the outlook for the French market in 2013. Click on the link below to find out more about the event that takes place on the morning of 22 November.
