PARIS-Rockspring Property Investment Managers has secured EUR 219 million in debt financing from Landesbank Hessen Thuringen Girozentrale ('Helaba') and Aareal Bank AG for O'Parinor shopping center located north of Paris. The loan was secured for NPS Real Estate Projects Limited Partnership.
The five-year term loan has two-year extension options. The retail center comprises 974,133 square feet of gross lettable area. Allez & Associes and Godet Gaillard Solle Maraux & Associes advised the lenders, while De Pardieu Brocas Maffei A.A.R.P.I. advised the borrower. For the full story, go to Europe Real Estate .
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