Hypo Real Estate Bank International said on Wednesday that it has provided a EUR264 mln loan facility to ProLogis European Properties Fund II to refinance 34 distribution facilities located in Central Europe. In a statement, Hypo RE said it acted as Facility Agent, together with Aareal Bank, Deutsche Postbank and Helaba Landesbank Hessen-Thüringen. The transaction completed on 7 August 2008. The recently developed distribution facilities are located in Poland, Czech Republic, Slovakia and Hungary and comprise more than 700,000 m[sup]2[/sup] let to global customers of Prologis.
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