Financing of a prime logistics portfolio comprising seven properties in France and Germany

Aareal Bank arranged a cross-border loan of a €171 million for Boreal IM, a pan-European real estate investment manager. The portfolio, spanning 309,000 sqm includes six standing assets and a development plot in France and Germany, acquired between 2022 and 2024 as part of Boreal’s joint venture (JV) with Ontario Teachers’ Pension Plan. The tenants comprise various international manufacturers, distributors and third-party logistics.

Logistics

Arranger, Facility & Security Agent

EUR 171,000,000

France and Germany

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“We are pleased to have completed this transaction with Boreal, supporting the growth of its portfolio with Ontario Teachers' Pension Plan across Europe. The European logistics market is structurally supported by e-commerce growth, urbanisation, and new supply chain dynamics, and we have conviction in assets with strong sustainability credentials.”

Klaus Severin Schöttmer

Managing Director, Special Property Finance at Aareal Bank

Your contact person

Klaus Severin Schöttmer

Managing Director
Special Property Finance

+49 611 348 2252
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