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Tishman Speyer has financed its acquisition of a Paris office tower with Aareal Bank and La Banque Postale. The two lenders jointly provided €215 million for the 41,000 sq metre building in La Défense which used to be known as Tour Dexia after one of its major tenants.
Pbb Deutsche Pfandbriefbank has provided a €20 million loan to the Département du Finistère in France to finance the renovation of several infrastructure projects including road networks and colleges.
French real estate investment trust (REIT) Cegereal has agreed a €525 million refinancing with a club of European banks led by Aareal and Natixis.
Two European banks have financed the purchase of the largest prime office building in Dublin, Real Estate Capital can reveal.
Pbb Deutsche Pfandbriefbank has provided a total of €120 million ($133.8 million) in loans on the acquisition of ten properties in Western Germany. The lender provided the loans to affiliates of the Catalyst Capital European Property Fund II that purchased the portfolio from TRIUVA (formerly IVG Institutional Funds) and a large German public sector pension scheme.
Pbb Deutsche Pfandbriefbank has provided a €100 million loan to German investor TAG Immobilien to refinance a residential property portfolio in Germany.
Aareal Bank has provided a €368 million loan to finance a logistics property portfolio in Germany.
European logistics specialist Delin Capital Asset Management has completed a €32 million term loan agreement with ING Bank, secured against a distribution warehouse in Waddinxveen in the Netherlands.
Finnish real estate investment company Sponda has agreed to syndicated credit facilities totalling €600 million from a club of Nordic and German banks.
Merlin Properties, the Spanish SOCIMI, has completed an €850 billion unsecured bond issuance with a maturity of seven years and an all-in cost of 2.225 percent.
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