pbb provides €120m loan to EQT Real Estate

German bank Deutsche Pfandbriefbank AG (pbb) has provided real estate investor EQT Real Estate with a €120 million loan to refinance four logistics properties in Poland. 

The loan covers a portfolio of over 220,000 m2 of warehouse and logistics space leased to various high-quality tenants across established logistics hubs. 
pbb acted as the sole lender and arranger for this financing.
Dieter Knittel, Head of CEE at pbb, said: “We are very happy with this trustful collaboration, since it is yet another proof of our strategy to diversify asset categories in the business segment of commercial real estate financing”.
The EQT Real Estate team added: “EQT Real Estate is delighted to continue our long-standing relationship with pbb. Poland is an important market for us, and we are thankful to pbb for further helping us create value for our investors and tenants by delivering sustainable, strategic, and future-proofed assets, while capitalizing on key demographic and urbanization trends.”