ING backs Bayside’s Dutch buy

ING has financed Bayside Capital’s €70m purchase of a Dutch portfolio from IVG. Bayside, a credit affiliate of HIG Capital, has bought six office buildings and one shopping centre from IVG’s institutional fund management business. The portfolio totals 52,000 sq m. The five-year loan of around €45m reflects a loan-to-value of 65% with a margin […]