Mandated Lead Arrangers NIB Capital Bank N.V. and ING Real Estate Finance N.V. have arranged a bridge facility exceeding 1.0 billion backing the acquisition of the real estate portfolio of Vendex KBB by a Dutch consortium consisting of, amongst others, Bouwfonds, IEF Capital and PGGM.
The real estate portfolio comprises 70 prime retail properties operated by HEMA, V&D and the Bijenkorf, and 3 parking accommodations. The portfolio is located mainly at A1 locations throughout the Netherlands.
Source: ING Real Estate
