Refinancing French Real Estate Portfolio with Berlin Hyp AG
Paris, FR - March 29, 2021 - The Van der Vorm Group is pleased to announce the completion of the refinancing of our French assets with our new financier, Berlin Hyp AG.
The transaction consisted of the refinancing of the 3 existing properties in Paris and at the same time a newly acquired property in St. Germain. The EUR 45 million loan has a maturity of 10 years.
Peter Fluitman, CFO: "The completion of this transaction is another important milestone in our loan book to have a diverse portfolio and we look forward to building a strong relationship with Berlin Hyp."