Catalyst Capital Buys 30 Retail Properties in Germany
MUNICH-Catalyst Capital has purchased 30 retail properties totaling nearly 1,345,488 square feet in Germany for more than EUR 150 million. pbb Deutsche Pfandbriefbank AG provided EUR 85 million in financing and the Austrian Bank fur Arbeit und Wirtschaft und osterreichische Postsparkasse Aktiengesellschaft provided EUR 21.5 million in senior debt financing for the deal.
The portfolio, which includes retail warehouses, discount outlets, supermarkets, Hypermarkets and individual DIY, are located Bavaria, North Rhine-Westphalia and Baden-Wurttemberg. For the full story, go to Europe Real Estate .
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