HSH Nordbank has placed a mortgage Pfandbrief of EUR 500 mln, in its first Pfandbrief issue this year. The Pfandbrief has a 3.5 year term and a coupon of 2.5%. The issue price was set at 99.62%, which equates to a re-offer spread of 25 basis points above the mid-market swap rate.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
