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industrial & logistics

Ross Davies talks to the CFO with the Prague-based industrial and logistics real estate company about sourcing debt in central and eastern Europe.
The investment manager was asked to arrange funding which met Islamic banking principles on behalf of a separate account client.
The company will gradually replace most of its existing secured debt facilities with more issuances under its €10bn medium-term note programme.
Aareal Bank has financed a pan-European portfolio in the latest large financing deal in the sector.
The bank has written a £61m debt facility for Chancerygate.
The London-based firm is launching a lending division for the industrials sector, targeting an ‘undersupply’ of finance outside the prime market.
DekaBank and pbb provide a €117.3m loan for three prime industrial facilities in Germany as local banks continue to benefit from burgeoning institutional investment.
Soaring values should give lenders pause for thought, but European logistics fundamentals remain solid for now.

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