News Article Czech republic Industrial pbb Prague
by Property Forum | Industrial

Deutsche Pfandbriefbank has provided a €33 million investment loan facility to a SPV, managed by Amesbury. The company is utilising the proceeds for the refinancing of the two business parks near Prague. pbb has acted as the arranger, agent and sole lender under the facility.

The two parks consist of nine buildings in key light-industrial locations near Prague in Zličín and Chrášťany. All properties are flex-office, warehouse and logistics assets in established light-industrial and logistics hubs with direct access to expressways and motorways. The two parks comprise a total of over 68,900 sqm gross lettable area and have a well-diversified tenant mix.