Deutsche and Societe Generale issue logistics CMBS

By Frances Ivens2018-10-23T09:54:00

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Deutsche Bank and Société Générale have launched a securitisation of loans against a logistics portfolio of assets across France, Germany and the Netherlands valued at €442m (£390m).

The Arrow CMBS is the securitisation of 95% of interest in a €308.3m (£272.3m) senior commercial loan owned by a joint venture between Blackstone Real Estate Partners and M7 Real Estate. Blackstone holds 95% of the equity in the JV and M7 holds the remaining 5%.

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