The €625m financing of Dublin’s Dundrum mall indicates lenders’ appetite for Irelands trophy assets.
Joint owners Hammerson and Allianz Real Estate have closed a €625 million refinancing of Ireland’s Dundrum Town Centre shopping mall in a deal which locks in a sub-2 percent margin for seven years.
Intu Properties has sourced a £488 million (€536 million) loan to refinance the Merry Hill shopping centre in Dudley, which is claimed to be the seventh largest mall in the UK.
DekaBank has underwritten a €41 million loan to finance the acquisition of a Munich office building by a real estate fund managed by BNP Paribas Real Estate Investment Management.
DekaBank has financed the acquisition of a shopping centre in Ilford, Essex, with a £39 million (€44.9 million) loan.
DekaBank’s real estate boss Anni Hönicke tells Daniel Cunningham why the German bank will continue to target large, prime deals, despite Brexit, European elections and Donald Trump.
German lender DekaBank is to underwrite a €290 million financing of the purchase of a Paris office tower by a Korean investor consortium, Real Estate Capital understands.
Gramercy Property Europe, the sale and leaseback investment fund, has financed a German logistics portfolio with a €131.6 million loan underwritten and arranged by DekaBank.
Deka Realkredit Klassik, the real estate debt fund owned by DekaBank, has bought a loan secured by a New York office and retail building from its parent organisation.
The Deka Realkredit Klassik debt fund has purchased a senior $25 million tranche of a commercial real estate loan that was used to refinance One New York Plaza in Manhattan earlier this year.