AIM-listed German property investment company Puma Brandenburg has secured a €37m (£30m) financing deal with Landesbank in Berlin.

It will be used to finance a mixed portfolio of assets which was previously bought and financed by Puma purely out of equity.

The funds are secured against the properties which were bought for €53.9m (£43m). The term of the loan is seven years and the cost of the loan, including bank margin, has been fixed at 5.68%.