Friday, 20 June 2014
Natixis Pfandbriegbank AG arranges a €75 million facility for Blackstone (DE)
Natixis Pfandbriefbank AG has arranged a €75 million senior debt facility for funds managed by Blackstone to finance the acquisition of a mixed-use asset located in the HafenCity district of Hamburg.
Natixis Pfandbriefbank AG acted as Mandated Lead Arranger, Lender, Facility and Security Agent in the transaction, which reached financial close on 3 June 2014.
Known as the Sumatrakontor, the property was built in Überseequartier, the commercial zone of HafenCity, in 2011. It provides 30,500 m² of lettable area – spanning the sixth to ninth floors – for residential, retail and office purposes.
Source: Natixis Pfandbriefbank AG