Swedish real estate firm Logistea is acquiring its Norwegian counterpart KMC Properties for SEK 3.26 bn (€289 mln) in a deal that will see new Logistea shares issued to KMC shareholders.
Pbb Deutsche Pfandbriefbank, the European specialist bank for commercial real estate finance, has provided a €118 mln senior loan to support the acquisition of a logistics portfolio by Clarion Partners Europe, on behalf of one of its commingled funds, from funds managed by Blackstone.
