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Aareal Bank Facilitates Major Logistics Financing in Poland and Germany
Aareal Bank has successfully closed a €368.19 million cross-border loan with Hillwood. The loan finances an extensive portfolio of 18 logistics properties located strategically in Poland and Germany. Hillwood, known for its expertise in commercial real estate, manages this portfolio, comprising five properties in Germany and 13 in Poland. The financing follows Aareal Bank's Green Loan Framework, emphasizing sustainability and ecological standards. All properties either have or aim to achieve BREEAM or DGNB certifications, aligning with Hillwood's ESG commitments.
Aareal Bank served as the sole arranger, showcasing its ability to manage complex international transactions. This deal marks Hillwood's first collaboration with Aareal Bank, aiming to strengthen business operations in Europe. Legal advice was provided to Hillwood by Clifford Chance, while Aareal Bank was advised by DLA Piper. This arrangement underscores Aareal Bank's expertise in property financing and commitment to sustainable business practices.
R. E.
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