Swedish property group Sagax has secured a five-year extension of a SEK 4.3 bn (EUR 500 mln) secured credit facility from German lender pbb Deutsche Pfandbriefbank. Under the deal, Sagax said it has agreed heads of terms to extend an existing pbb facility for two industrial and warehouse portfolios through 2018.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
