Find in the news:
BY COUNTRY

Mall of Berlin obtains €600m finance deal



Shareholders have been successful in finalizing financing of €600m for the largest shopping mall project in Europe.

Mall of Berlin obtains €600m finance deal-1.jpgTo offer this financing, BNP Paribas REIM Germany, Bayerische Versorgungskammer (BVK) and Deutsche Hypothekenbank joined forces.  The agent and consortium leader for this transaction is Deutsche Hypo.  The financing will be split into BVK offering €450m, Deutsche Hypo €80m and BNP Paribas REIM Germany €70m.  This is one of the biggest real estate financing projects ever realized in Germany which has primarily been offered by non-banks, as well as one of the largest financing by a German institutional investor.

The mall will cover retail space of about 80000m² and offer shoppers in excess of 270 restaurant and retail concerns.  It is due to open to shoppers on 25 September 2014.  Its plans include residential housing of around 30000m² in the Leipziger Plaz Quartier.  The mall can be found between the Potsdam Square, Friedrichstrasse and Reichstag.

The transaction for the finance was negotiated by Primor Capital Partners and the legal issues for the lenders were handled by Noerr LLP, and the borrowers received legal advice from GORG MbB. The €70m share assumed by BNP Paribas REIM Germany has resulted in it gaining success in offering the largest debt acquisition by a German debt fund.  They have stated that this volume of financing is a huge step toward the establishment of debt funds in the country and has placed a stamp on their market leadership in this arena.  According to the fund, the task of non-banks in financing for real estate is set to continue its growth.

Mall of Berlin obtains €600m finance deal-2.jpg

More about shopping malls in Germany



May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Apr 22, 2022, Brazil:
BR Malls Participacoes and Aliance Sonae Shopping Centers may merge to form Brazil's largest mall operator.
Apr 22, 2022, United Kingdom:
The online retailer began selling cosmetics from luxury and indie brands.
Friend
and Follow
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us