Helaba provides long-term funding to finance office complex in Sweden

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

Contact:
Martin Erbe
Continental Europe
Tel. (+49) 69/91 32-40 63
Fax (+49) 69/91 32-34 78

###

Helaba provides long-term funding to finance office complex in Sweden

EDITOR'S PICK:

EuropaWire PR Editors

Recent Posts

Lenzing Group Launches Young Scientist Award for Innovation in Fiber and Textile Industry

(IN BRIEF) The Lenzing Group announces the Lenzing Young Scientist Award at the Dornbirn Global…

11 hours ago

Josée Ouellet Named Grand Ambassador of Université de Sherbrooke by Alstom

(IN BRIEF) Josée Ouellet, Vice President of Services for Alstom in North America, has been…

11 hours ago