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The mixed-used scheme, which includes luxury apartments and office space and is backed by Israeli billionaire Teddy Sagi, has attracted £72m of debt finance.
The German bank provides acquisition financing for a residential-led portfolio in Hamburg.
A syndicate of 12 banks has provided the five-year debt facility with an initial margin of 90bps.
Participants in real estate debt deals should resist the temptation to relax financing standards.
Liquidity in European real estate debt and equity markets shows no sign of drying up, argued panellists at CREFC Europe’s London conference.
The report formerly known as De Montfort highlights several trends that are shaping the market, including growth in development lending and the increasing role of non-bank lenders.
The strategy will focus on floating-rate loans provided across the eurozone.
The specialist lender will provide loans ranging between £500,000 and £1.5m to schemes that require heavy refurbishment or light development.
The facility, provided to German pension fund BVK, finances what will be Apple’s flagship European store on the Champs-Elysées.
A rebound in commercial property lending during H2 2017 put last year’s figures on a par with 2016.