Frankfurt, Germany, 9-1-2014 — /EuropaWire/ — Helaba is providing long-term funding to finance an office complex in Sweden in an amount of SEK 230.4 million (EUR 25.4 million) for the Luxemburg-based real estate fund DEREIF SICAV-FIS, which is managed by Corpus Sireo for a German insurance group.
The property is located at a prime location in the Malmö CBD consisting of four office buildings with a total rentable area of around 16,800 sqm. The principal long-term tenants are the Swedish insurance company Trygg Hansa and SEB Bank.
Investment: Office property in Malmö, Sweden
Customer: Real estate fund DEREIF SICAV-FIS
Type of finance: Senior refinancing
Volume: SEK 230,4 Mio. (EUR 25,4 Mio.)
Role of Helaba: Sole Lender
Unit/department: Real Estate Finance Continental Europe
Closing/funding: December 2013
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