€54.1 million refinancing of a multi-asset portfolio in various locations in The Netherlands.
We have assisted Metroprop Group, a large privately owned Dutch real estate investment firm, to refinance a portfolio of 23 assets located mostly in the Randstad and the South of The Netherlands. After exploring several options, a fitting financing solution and partnership was found with RNHB B.V.
While the Covid-19 crisis did present some challenges, the portfolio has shown itself to be resilient overall, thanks to a good diversification of asset types and locations and a strong base of stable tenants.
Tailor made, sustainable financing with a pro-active lender
RNHB B.V. has worked together with our client and us to structure a financing that addressed our client’s current needs and requirements but also considered future plans and possible further challenges in case the Covid crisis extended for a longer period. Due to this pro-active and solution focused approach, we were able to close the loan in December 2021 even though restrictions were still significant at the time.
Offices, Residential, Supermarkets, Other Retail, Hotels
Tight refinancing deadlines, mixed asset pool, Covid-19
Large Dutch investment group
RNHB B.V. (Dutch specialised lender)