DekaBank has provided EUR 119.3 million financing which has a term of five years for the purchase of a logistics property in Mönchengladbach, to the Korean investor Samsung Securities & KB Securities, advised by the La Française Group.
The modern logistics facility in the west of Mönchengladbach (Rheindalen) with a total area of 150,000 sqm was completed in July 2019. On three floors, the property has logistics and storage space as well as offices, seminar and canteen facilities.
The property includes a multi-storey car park with more than 1,000 parking spaces and 180 trailer spaces. The logistics centre is fully and long-term leased to Amazon.
“With the successful cooperation with La Française, DekaBank was once again able to illustrate its expertise to underwrite large tickets if secured against core real estate in Germany,” said Amar Latif, who heads DekaBank’s German origination platform.
