MUNICH-Catalyst Capital has purchased 30 retail properties totaling nearly 1,345,488 square feet in Germany for more than EUR 150 million. pbb Deutsche Pfandbriefbank AG provided EUR 85 million in financing and the Austrian Bank fur Arbeit und Wirtschaft und osterreichische Postsparkasse Aktiengesellschaft provided EUR 21.5 million in senior debt financing for the deal.
The portfolio, which includes retail warehouses, discount outlets, supermarkets, Hypermarkets and individual DIY, are located Bavaria, North Rhine-Westphalia and Baden-Wurttemberg. For the full story, go to Europe Real Estate .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.