Edmond de Rothschild REIM refinances portfolio
ING Real Estate Finance provides a Sustainability-Linked Loan of €106.4 million to Edmond de Rothschild Real Estate Investment Management (EdR REIM) to finance its light industrial and logistics real estate strategy.
EdR REIM's light industrial and logistics real estate strategy focuses on real estate investments within the Benelux, Germany and France.
The new financing provides EdR REIM with additional liquidity to achieve its growth and sustainability objectives in the coming period.
Fokko Dekker (Director, ING Real Estate Finance):
“We are happy to be able to support the strong growth strategy of EdR REIM through this Sustainability Improvement Loan. Sustainability is at the heart of our organisation. ING is determined to be part of the solution, taking action on climate and leading the way in the real estate lending sector.”
EdR REIM: “We are delighted to close a €106.4 million Sustainability-Linked Loan. The new loan facility enables us to realise the growth objectives of its strategy and endorses the ambition in terms of creating a sustainable portfolio.”
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