#DEAL #REALESTATE #REFINANCING #LUXEMBOURG
Arendt advised Deutsche Hypo – NORD/LB Real Estate Finance on the refinancing of a commercial property in Luxembourg-City. The EUR 18 million loan has been provided to HANSAINVEST Real Assets GmbH pursuant to the terms of a Luxembourg law governed term loan facility agreement.
The property, built in 2004, is located in a good to very good city centre location on Avenue Monterey in Luxembourg City. The multi-tenant building comprises 6,000 square metres of lettable space and is fully let to a total of eleven companies. It has BREEAM certification (very good).