Laxfield Capital and MünchenerHyp have completed a senior debt refinancing package for Amundi Real Estate, the French real estate investment manager.
The loan is secured against Defoe Court, a multi-let 43,000 sq ft core office building located in Featherstone Street EC1 on London’s “Silicon Roundabout”.
The facility was arranged for MünchenerHyp by Laxfield Capital.
Adam Slater, managing director for Laxfield, says: “It was a pleasure to arrange this transaction on behalf of MünchenerHyp and establish another valuable relationship in the UK market for our client on a high quality real estate lending opportunity. We look forward to continuing to work with Amundi as its UK business evolves.”
Carmen Lopes, fund manager at Amundi RE, says: “We are delighted with our first financing partnership with MHB bank and look forward to increasing UK assets under management through our international funds.”
Jan Polland, head of commercial real estate finance/direct clients at MünchenerHyp, says: “We’re happy to have financed this excellent UK acquisition and look forward to working with Amundi RE on further UK real estate transactions. We continue our long standing commitment to the UK market, with our competitive lending platform backed by pfandbriefe refinancing, and our strong relationship with Laxfield Capital.”