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Deutsche Hypo, Berlin Hyp and HSH Nordbank club together for €960m CRE portfolio financing

Deutsche Hypo, Berlin Hyp and HSH Nordbank have agreed a €960m club deal financing of DIC Asset AG commercial property portfolio.
CoStar News
December 15, 2016 | 1:44 P.M.

The financing breaks down to 510m provided by Deutsche Hypo as arranger and consortium leader, with Berlin Hyp providing 250m and HSH Nordbank providing 200m. The loan has a total term of up to seven years and prematurely replaces the previous financing for the commercial portfolio of DIC by several banks.

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