Deutsche Hypo refinances European logistics portfolio

Deutsche Hypo refinances European logistics portfolio

Deutsche HypoNORD/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."

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