LaSalle Investment Management’s fourth European real estate debt fund has provided a €150m loan facility to refinance a portfolio European logistics assets owned by Brookfield.
The manager’s LaSalle Real Estate Debt Strategies IV is refinancing the portfolio of 17 big-box logistics assets owned by Brookfield funds.
Brookfield has formed a partnership with development managers Panattoni and Logistik Service. The venture will focus on identifying potential projects, development activities, and leasing agreements across Sweden, Spain, Germany and Poland.
The project portfolio encompasses six completed projects, four projects currently under development, and seven plots with development approval.
Source: realassets.ipe.com on the 4th of June