Eurohypo’s UK team has financed deals with £620m over the summer, it was revealed today.
The commercial property lender has provided the debt against almost £1bn of assets across the country.
Eurohypo also provided finance for Mountgrange and Curzon’s joint venture to buy a £140m portfolio of office and retail properties in August.
The bank, part of the Commerzbank group, also financed a portfolio of Scottish assets for Redevco, a portfolio asset managed by Protego Real Estate Investors, and a Dublin office block for a private investor.
Resolution’s £57m purchase of the 147,000 sq ft Templars retail park in Oxford from the Junction fund was also financed by Eurohypo.
‘While there is certainly less activity than last year, professional investors are still actively making strategic acquisitions and financing existing portfolios to achieve their business objectives,’ said Michael Acratopulo, Eurohypo’s head of UK orgination.
‘We continue to back management teams with strong track records and clear plans for their investments, both existing clients and companies new to us as well.’
The deals were led by Eurohypo’s vice presidents for origination, Madeleine Forrest, John Rubbert and Dan Smith.