Helaba is refinancing the office property 'Stettiner Carré' in Berlin for an American private equity company with more than €132 million. The property was part of a portfolio securitized in a CMBS structure.
Helaba is acting as Arranger, Underwriter and Hedging Provider and syndicated the loan partially to NATIXIS Pfandbriefbank AG shortly after closing. Round Hill Capital accompanied this transaction as Asset Manager.
The seven-story office building in Berlin-Mitte was completed in 2004 on the site of the former train station Stettiner Bahnhof. It is fully let on long-term basis to the German railway company Deutsche Bahn AG. 'Stettiner Carré' is one of Deutsche Bahn AG’s largest locations in Germany. On a site area of almost 20,000 m², it comprises 61,000 m² of lettable space and 470 parking spaces.