GSK Stockmann Advises Redevco on €67 Million Financing for Logistics Projects in Germany
"GSK Stockmann has advised Redevco on the financing of two logistics projects near Frankfurt and Karlsruhe, focusing on German and Luxembourg law. The projects, developed by a joint venture of Invesco Real Estate and Propel Industrial, are financed with a €67 million loan from Redevco and encompass approximately 63,000 m² of logistics space. This marks the second investment of Redevco's Real Estate Debt platform, which aims to utilize equity and financing from co-investment partners in key European markets. Redevco was also advised by Stephenson Harwood LLP in the UK."