Allianz: funding with ABN Amro for real estate deal.
(CercleFinance.com) - On Friday, Allianz issued a statement announcing the conclusion of large-scale funding with the Dutch bank ABN Amro related to the acquisition of a premium office block called "The Atrium".
This is one of the largest transactions ever made in the Dutch market for a single asset.
This "club deal" provides a 7-year fixed-rate senior financing for the acquisition of "The Atrium" by a consortium that includes Amundi Real Estate - on behalf of its general public fund raising - and South Korean investors. The loan totals nearly 300 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
This is one of the largest transactions ever made in the Dutch market for a single asset.
This "club deal" provides a 7-year fixed-rate senior financing for the acquisition of "The Atrium" by a consortium that includes Amundi Real Estate - on behalf of its general public fund raising - and South Korean investors. The loan totals nearly 300 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.