HSH Nordbank finances Barthonia Forum acquisition (NO)

HAMBURG/KIEL HSH will provide a senior financing facility totalling €91 mln to a joint venture between European Property Investors Special Opportunities 3 L.P, a pan European private equity real estate fund advised by Tristan Capital Partners and FREO Group for the acquisition of Barthonia Forum in Cologne’s Ehrenfeld district.
The urban quarter on the site where eau de cologne ‘4711’ was once produced comprises 12 individual buildings with a surface area of around 70,000 m² of predominantly retail and residential use.
With its proximity to the city center and Cologne Cathedral (around 2.0 km), the area is among the most popular residential locations while being an attractive office location, especially for the creative industries. Alongside various retail companies, the ‘Kaufland’ department store is an anchor tenant with more than 11,000 m² in retail space.
Source: HSH Nordbank