DekaBank has financed the acquisition of a logistics asset for Aquila Capital and Korean Samsung SRA Asset Management. The loan volume totals €72 mln. The logistics property, which is located in Worms, offers 80,000 m² of leasable space and is fully let to Robert Bosch GmbH.
Amar Latif, in charge of the German real estate lending activities at DekaBank commented: “We are pleased to have arranged and underwritten the financing on this core logistics asset which has a long term cashflow from a good tenant. The German logistics market is in general becoming more popular with experienced international investors, which fits with our strategy, to be a one stop shop for international lending activities.”
DekaBank was advised by Linklaters. CBRE provided valuation advisory services. Aquila Capital and Korean Samsung SRA Asset Management were advised by Heuking Kühn Lüer Wojtek.