Eurohypo secures financing for a ProLogis logistics distribution center portfolio

Eurohypo AG is providing PEPF II with a €75 million non-recourse loan to re-finance a modern prime logistics distribution center portfolio in Poland. PEPF II is a private equity real estate fund based in Luxembourg and managed by ProLogis. The loan from Eurohypo is secured by over 14 modern distribution facilities (all in prime locations) that are wholly owned by PEPF II with a total of 295,610 square metres space to let (21,115 square metres per property on average). The properties are located in major distribution hubs throughout Poland.