|
Aareal Bank has provided EUR 130 million to finance a portfolio of 17 modern logistics properties in Germany for ProLogis European Properties Fund II ("PEPF II"). Aareal Bank acted as lead arranger, hedge provider and senior lender.
ProLogis European Properties Fund II is managed by Prologis, Inc.
Prologis is listed on the New York Stock Exchange (NYSE:PLD) and is a member of the S&P 500 index.
The portfolio comprises a total of approximately 400,000 square metres of modern distributionspace in top locations across Germany, including Munich, Hamburg and the Ruhr region. Besides the strong cash flows, the portfolio is characterised by a very high degree of diversification in its tenant structure.
ProLogis European Properties Fund II is the leading European logistics fund, owning 215 prime logistics properties in 12 European countries, with aggregate rentable space close to 5 million square metres and a total market value of approximately EUR 3 billion.
Fonte: CS della Società
|
