DG Hyp steps up business in Nordics

German lender Deutsche Genossenschafts-Hypothekenbank (DG Hyp) announced on Tuesday that it has provided a SEK 415 mln (EUR 40.3 mln ) facility to Aberdeen Property Investors (API). The loan will be used to finance the acquisition of two properties in Sweden by a fund managed by API. The assets are a new 14,200-m[sup]2[/sup] office building in Malmö and a 17,763-m[sup]2[/sup] retail property in Lindköping, that was extensively refurbished last year.

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