News

Deutsche and Societe Generale issue logistics CMBS

By 2018-10-23T09:54:00

rent-Industrial-and-Logistics-Crick-NN6-7SL-Alchemi-J18-M1-1

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%.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue