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Deal Date: 27-05-2015 Practice Area: International Finance and Bank Credit
Deal Title: Financing for Nordic RE Partners Logistics Portfolio Acquisition Industry: Real Estate Investment & Services
Description:
Danske Bank, Denmark's largest bank and Realkredit Danmark, one of the largest players in the Danish mortgage market, provided financing by a combination of bank and mortgage loans in connection with an acquisition of a logistics portfolio located in Denmark, Sweden and Finland by a consortium of Danish pension funds. The portfolio, consisting of 28 logistics properties located in key distribution hubs across Sweden, Finland and Denmark, was sold to a consortium of Danish pension funds by NREP Logistics AB, a fund managed by Nordic Real Estate Partners AB. The transaction value amounts to approximately EUR 650 million.
Financial Center: Copenhagen Value: 500.01-1000.00
Advised Party: Lender Law Firm
Real Estate Jurisdiction Denmark Real Estate Jurisdiction Denmark
Classification: Real Estate Finance Warehouses
Lawyer Soren Jorgensen