pbb Deutsche Pfandbriefbank has provided a €33m investment loan facility to a SPV, managed by Amesbury. The company will utilise the proceeds to refinance the two business parks near Prague. pbb acted as arranger, agent, and sole lender under the facility.
The two parks consist of nine buildings in key light-industrial locations near Prague in Zlicin and Chrastany. All properties are well-leased modern flex-office, warehouse and logistics assets in very good and established light-industrial and logistics hubs with direct access to expressways and motorways. The two parks comprise over 68,900m² gross lettable area and have a well-diversified tenant mix.
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Image provided by pbb Deutsche Pfandbriefbank.