Helaba has underwritten a long-term facility for VIA Outlets totalling €100 mln to refinance Batavia Stad Fashion Outlet in Lelystad/Amsterdam, the Netherlands.
Batavia Stad Fashion Outlet is a premium outlet centre, located in Lelystad, just 45 minutes from Amsterdam.
The centre opened in 2001 and currently has over 150 stores plus cafés and restaurants. Following an expansion in 2017, Batavia Stad Fashion Outlet comprises a total sales area of 31,300 m2.
Helaba is acting as arranger, lender, facility and security agent for the loan.
VIA Outlets was advised by Beaufort Corporate Consulting & Interim Management on the transaction. VIA Outlets was advised on the legal side by Van Doorne, while Houthoff Buruma acted for Helaba.