German lender Pbb Deutsche Pfandbriefbank has provided a SEK 300 mln (€30 mln) senior loan to Barings to support the acquisition of a fully-let, prime logistics asset and the development of further logistics space located in Örebro, Sweden.
German property investment volumes plummeted 48% in the first quarter, with only €14.8 bn of assets traded in the first three months of the year, according to broker CBRE.
