Partners Group and pbb lend €125m for Alpha German assets
Private equity firm Partners Group has added a €34m mezzanine loan to pbb Deutsche Pfandbriefbank’s €91m senior facility to refinance Alpha Real Capital’s German portfolio. The five-year loan on the Alpha German Property Income Trust refinances an existing facility. The senior component of the new facility is floating and the mezzanine is fixed. The interest rates were undisclosed.