pbb provides loan to Tristan for Polish deal

pbb Deutsche Pfandbriefbank is providing a loan to Tristan Capital Partners for the acquisition of a retail portfolio in Poland.

The German lender is providing the acquisition facility to European Property Investors Special Opportunities 3, managed by Tristan.

EPISO3 will use the loan for the acquisition of a portfolio of five shopping centres in Poland from Charter Hall Retail REIT. The transaction signed in June 2013.

Charles Balch, head of real estate finance international, UK & CEE at pbb Deutsche Pfandbriefbank, said: 'Poland remains the major investment marked within the CEE region. pbb Deutsche Pfandbriefbank is pleased to support Tristan Capital Partners in this significant Polish retail transaction. Tristan and pbb have already worked together on a number of transactions in recent years in a number of European markets.'