Rockspring secures €275m five-bank refi for German retail fund

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Rockspring Property Investment Managers has refinanced a legacy Lloyds HBoS €282m senior facility for its German Retail Box Fund (GRBF), with a five-bank €275m senior syndicate comprised of SEB AG, Landesbank Hessen-Thüringen Girozentrale, Deutsche Hypothekenbank, Coreal Credit Bank and ING … Continue reading →

Apollo closes in on €400m acquisition of WestImmo

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Apollo Global Management, the US opportunity fund manager, is expected to complete its circa €400m purchase of Westdeutsche ImmobilienBank, the German property lending bank, within weeks. The sale by West LB, the German government-owned bank which owns WestImmo, will transfer … Continue reading →