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The loan, secured against a German designer outlet village, was underwritten by Aareal Bank.
The facility replaces a €723.9m loan secured by the Finance Tower, owned by South Korea’s JR Global REIT.
Opportunities are emerging from troubled assets or owners, but they are not what the industry had anticipated.
A JV between Valor and QuadReal will use the loan to refurbish seven recently purchased urban logistics assets.
Property finance was on the agenda during week one of the 29th session of the Conference of the Parties to the United Nations Framework Convention.
The Dutch bank has again refinanced the London complex, with former part-owner Delancey joining it in the deal.
The US manager said it is on the lookout for further growth opportunities.
The fund, managed by Broadwood Capital, has a remit including care and retirement homes.
Analysis by manager AEW reveals the composition of the €86bn debt funding gap.
The central bank says private credit lending and specialist real estate banks could pose unseen issues for financial stability.