July 21, 2025 | Projects
Closing UNGER II Refinancing

€25 million senior debt to refinance a portfolio of 5 supermarkets, a distribution facility and a big-box DIY retail center.
PolarReal Debt & Capital Advisory has assisted Komen Real Estate in arranging this financing. The loan has been provided by a German financial institute. The facility has been used to refinance an existing loan and to finance 3 additional assets. The portfolio has a total GLA of c.a. 37,000m2 and is close to fully let, with strong tenants and stable leases.