Refinancing – residential portfolio, North and Central Netherlands

Background

The portfolio comprised six investment properties, mainly located in the North and Central Netherlands. The total gross floor area was approximately 4,250 sq m, across 51 lettable units.

During the refinancing process, the owner wanted to explore options beyond the existing lender and approach the wider market. Asset Partners ran a competitive process, approaching multiple lenders. This resulted in the introduction of the client to Deutsche Bank, which was willing to finance the portfolio and provide an umbrella structure.

This structure not only refinanced the existing portfolio, but also created scope to add future acquisitions within the same financing line. It therefore combined flexibility with stability in long-term financing.

Result

• Introduction of the client to Deutsche Bank
• Refinancing of €11.5 million
• Umbrella structure allowing expansion through new acquisitions
• Financing structure tailored to the portfolio and the owner’s strategy
• Long-term stability and flexibility