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.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.
