Deutsche Hypo – NORD/LB Real Estate Finance, a commercial real estate financier, is to refinance the acquisition costs of three logistics properties leased on a long-term basis on behalf of GLP Capital Partners. The term of the financing is five years. The new buildings are modern, third-party logistics warehouses, located in Germany, the Netherlands and France.
GLP Capital Partners is a global manager for alternative investments with approximately $125 billion in assets under management.
“The cross-border financing in three jurisdictions is a novelty for Deutsche Hypo – NORD/LB Real Estate Finance,” explains Georg Richard König, Deutsche Hypo – NORD/LB Real Estate Financial Solutions. “We are pleased to have gained GLP Capital Partners, one of the leading global logistics investors, as a new customer and to be able to support them with our expertise in real estate financing in national and international markets.”
A photo of GLP Park Ablaincourt is available for download. Please cite ” GLP Capital Partners ” as the source.