Deutsche Hypo – NORD/LB Real Estate Finance is to refinance the acquisition costs of three logistics properties leased on a long-term basis on behalf of GLP Capital Partners. The term of the financing is five years. The new buildings are modern, third-party logistics warehouses, located in Germany, the Netherlands and France.
"The cross-border financing in three jurisdictions is a novelty for Deutsche Hypo – NORD/LB Real Estate Finance," said Georg Richard Konig, Deutsche Hypo – NORD/LB Real Estate Financial Solutions. "We are pleased to have gained GLP Capital Partners, one of the leading global logistics investors, as a new customer and to be able to support them with our expertise in real estate financing in national and international markets."