Helaba syndicate leader in financing Munich business park with over €250 million (DE)

Helaba is acting in this transaction as sole mandated lead arranger, security agent, co-underwriter and swap-provider, through its unit Southwest Region of Real Estate Lending Germany. The business park comprises 36 buildings with more than 370,000 m² of net floor area on a plot of more than 425,000 m².


The business park (not pictured) comprises 36 buildings.

As syndicate leader in a club deal with Westdeutsche ImmobilienBank AG, KfW IPEX-Bank GmbH and Deutsche Genossenschafts-Hypothekenbank AG, Helaba is arranging the finance for the purchase of a business park in Munich Neuperlach. Buyer of the property, which is let long-term to Siemens AG, is a private placement of HIH Hamburgische Immobilien Handlung and the RFR Holding.

Siemens AG, which holds all the buildings on a long lease, uses the location as a center (head office) for research and development, IT, financial services, real estate and also internal service units. Measured in terms of the current market environment, in addition to the funding volume and maturity, the transaction is especially characterized by its interest-rate and inflation-hedging effects. Real estate finance is traditionally one of Helaba's core business activities.

Source: Helaba

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