EPISO 6, a fund managed by Tristan Capital Partners, has acquired the C-Mill light industrial park in the city of Heerlen, the Netherlands.
Financial details were not disclosed, but it is thought to be €18.75 mln.
Furthermore, Caerus Debt Investments said it had a provided a senior loan of €13 mln to support the deal.
The property mainly comprises light industrial buildings, complemented by office uses. It has a total lettable area of 35,800 m2, and is occupied by over 110 tenants.
C-Mill covers some 15 ha in total and houses a mix of large technological companies, traditional service providers, creative and digital start-ups and more. Around 750 people work at the site.
Among other aspects, Caerus said the loan would be used to optimise the energy efficiency of the buildings.
Michael Morgenroth, CEO of Caerus, said: 'In Tristan Capital Partners, we are expanding the group of our borrowers to include another extremely professional and high-quality market player.
'Only twelve months ago, this type of financing would more likely have been arranged through a bank.
'In 2023, we generally expect the trend towards real estate debt funds to strengthen during the year, as banks continue to exercise restraint in issuing financing.'
