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pbb and ERGO to finance Neue Balan city quarter development project in Munich (DE)
some development

pbb Deutsche Pfandbriefbank and Dusseldorf-based ERGO Versicherungsgruppe have joined up to finance a city quarter development project in Munich: the ‘Neue Balan’ project with a total ...

Financial close of Project Beatrix Lock and widening Lek Canal (NL)
beatrix lock image thumb

Project Company SAS van Vreeswijk has reached financial close for PPP project ‘Construction 3rd swirling Beatrix Luis and widening Lek Canal’. Sas van Vreeswijk consists of TDP NV (in ...

Rockspring invests €272m on behalf of TransEuropean VI fund
l'atelier

Rockspring Property Investment Managers LLP (‘Rockspring’) has invested €272m in three separate transactions on behalf of TransEuropean VI LP (‘TEP VI’ or the ...

Northern Horizon sells €155m Finnish care home portfolio (FN)
generic building

Northern Horizon has sold its Healthcare I fund’s entire care home portfolio to a fund managed by eQ. The 27-asset portfolio was sold for a price of €155m. Healthcare I, a closed-ended ...

pbb provides €32m loan for Hamburg hotel project (DE)
tower

pbb Deutsche Pfandbriefbank has provided the financing for the construction of a new hotel building in Hamburg's City Nord. The approximate €32m loan was provided to a property company managed ...

Investec SPF provides £20m loan for Kier Trade City JV (UK)
logistics

Investec Structured Property Finance (Investec SPF) has agreed to provide a £20m (€26.3) loan facility to extend its Trade City joint venture with Kier Property. The facility will assist ...

Axiare Patrimonio secures €40m financing deal (ES)
|© Axiare Patrimonio

Axiare Patrimonio, the real estate investment company listed on the Spanish stock exchange, has completed a bilateral financing agreement with Banco Sabadell.   The SOCIMI will now receive ...

MK Illumination registers record turnover in 2015
lights

MK Illumination had anticipated a turnover of around €64m for 2015, registering a final figure of €70m. This constitutes the Tyrolean-based company’s best operating result in its ...

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