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AAREAL BANK AG (FRA:ARL) Aareal Bank AG: Aareal Bank arranges cross-border financing of approximately EUR 240 million for a pan-European logistics portfolio

Directive transparence : information réglementée

18/09/2019 12:03

DGAP-News: Aareal Bank AG / Key word(s): Real Estate
Aareal Bank AG: Aareal Bank arranges cross-border financing of approximately EUR 240 million for a pan-European logistics portfolio

18.09.2019 / 12:03
The issuer is solely responsible for the content of this announcement.


Aareal Bank arranges cross-border financing of approximately EUR 240 million for a pan-European logistics portfolio

Wiesbaden, 18 September - Aareal Bank AG has provided a five-year financing of approximately EUR 240 million for a pan-European logistics network. The portfolio comprises a total of three logistics buildings located in Spain, France and UK. The new buildings were constructed as state-of-the-art logistics platforms with comprehensive digital functionality.

"We are pleased about the trust Knight Frank Investment Management has put in us. This exposure underlines our expertise in financing complex cross-border pan-European logistics portfolios. And it especially proves our ability to implement technological trends - together with our clients", says Christof Winkelmann, member of Aareal Bank's Management Board.

Ric Crane, Partner of Knight Frank Investment Management (KFIM): "We are delighted to have worked with Aareal on this complex EUR 400 million sale and leaseback portfolio acquisition on behalf of South Korean investors. KFIM now manages 13 assets for a range of South Korean investors totalling over EUR 1.7 billion".

Aareal Bank Group

Aareal Bank Group, headquartered in Wiesbaden, is a leading international property specialist. It provides smart financings, software products, and digital solutions for the property sector and related industries, and is present across three continents: Europe, North America and Asia/Pacific. Aareal Bank AG, whose shares are included in Deutsche Börse's MDAX index, is the Group's parent entity. It manages the various entities organised in the Group's two business segments: Structured Property Financing and Consulting/Services. The Structured Property Financing segment encompasses all of Aareal Bank Group's property financing and funding activities. In this segment, the Bank facilitates property investment projects for its domestic and international clients, within the framework of a three-continent strategy covering Europe, North America and Asia. In its Consulting/Services segment Aareal Bank Group offers its European clients from the property and energy sectors a unique combination of specialised banking services as well as innovative digital products and services, designed to help clients optimise and enhance the efficiency of their business processes.




Contact:
Aareal Bank AG
Corporate Communications

Sven Korndörffer
Phone: +49 611 348 2306
sven.korndoerffer@aareal-bank.com

Nico Reinhold
Phone: +49 611 348 3438
nico.reinhold@aareal-bank.com


 


18.09.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Aareal Bank AG
Paulinenstr. 15
65189 Wiesbaden
Germany
Phone: +49 (0)611 348 - 0
Fax: +49 (0)611 348 - 2332
E-mail: aareal@aareal-bank.com
Internet: www.aareal-bank.com
ISIN: DE0005408116
WKN: 540811
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm
EQS News ID: 875749

 
End of News DGAP News Service

875749  18.09.2019 

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