Europe Fund III SCSp Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III – SCSp (Europe III), the third European value-add strategy in succession for the firm.
The EUR 20 mln loan has been secured against a newly completed BTS logistics facility in Psary, Poland that is wholly-let to a Spanish multinational clothing company. The 124,000 sqm prime facility has been built to high sustainability and energy efficiency standards and is certified BREEAM Very Good.
Sponsor DL Invest Group is a local Polish…