LBBW finances logistics portfolio for EQT Exeter

LBBW has successfully completed the financing of a logistics portfolio for EQT Exeter. The portfolio comprises four real estate locations in Germany: Leipzig, Laichingen, Eisenach and Berlin with a total area of 150,000 square metres, including developments. The properties benefit from optimal connections to transport infrastructure.

EQT Exeter, the real estate division of EQT, is a leading real estate investment manager with local presence in the Americas, Europe and Asia. "DGNB Gold certification is being sought for part of the portfolio. We are proud to be contributing to the sustainable transformation in Germany with this financing," says Kristina Freitag, the responsible relationship manager.

The financing volume amounts to EUR 101 million and is for a term of 5 years. LBBW is acting as arranger in this transaction. This deal deepens LBBW's cooperation with EQT and expands its presence in the area of property and development financing. "We are delighted with the successful realisation of this transaction with our customer EQT Exeter. The financing of this logistics portfolio strengthens our position as a reliable partner in the area of real estate financing," says Natalie Braun, Head of Real Estate Finance International Investments at LBBW.