Helaba is acting in this transaction as sole mandated lead arranger, security agent, co-underwriter and swap-provider, through its unit Southwest Region of Real Estate Lending Germany. The business park comprises 36 buildings with more than 370,000 m² of net floor area on a plot of more than 425,000 m².
Siemens AG, which holds all the buildings on a long lease, uses the location as a center (head office) for research and development, IT, financial services, real estate and also internal service units. Measured in terms of the current market environment, in addition to the funding volume and maturity, the transaction is especially characterized by its interest-rate and inflation-hedging effects. Real estate finance is traditionally one of Helaba's core business activities.
Source: Helaba