IFLR1000

Consortium of pension funds €650 million acquisition of logistics portfolio from NREP Logistics

20/5/2015
Acquisition finance, Private acquisition
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€ 650 million

$ 696 million

Completed

20/5/2015

Overview:

  • A consortium of Danish pension funds acquired 28 logistics properties, situated in Denmark, Sweden and Finland,  from NREP Logistics in a transaction worth €650 million.
  • The consortium includes Medical Doctors’ Pension Fund, the Danish Pension Fund for Engineers, Pension Fund for Danish Lawyers and Economists and PFA Pension. 
  • The consortium received financing from Danske Bank and Realkredit Danmark.
  • NREP Logistics is managed by Nordic Real Estate Partners. 

Rani Mehta - Journalist 

 

Jurisdictions:

Denmark
Finland
Sweden

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Banking
M&A

Governing law:

Denmark

Industry sector:

Logistics

Firms:
Avance

Party: Danske Bank (Lender)

Bech-Bruun

Party: PFA Holding (Acquirer, Borrower)

Party: Medical Doctors’ Pension Fund (Acquirer, Borrower)

Party: Danish Pension Fund for Engineers (Acquirer, Borrower)

Party: Pension Fund for Danish Lawyers and Economists (Acquirer, Borrower)

Bruun & Hjejle

Party: Realkredit Danmark (Lender)

Party: Danske Bank (Lender)

Roschier

Party: PFA Holding (Acquirer, Borrower)

Party: Medical Doctors’ Pension Fund (Acquirer, Borrower)

Party: Danish Pension Fund for Engineers (Acquirer, Borrower)

Party: Pension Fund for Danish Lawyers and Economists (Acquirer, Borrower)

Lawyer: Marcus Hedén

Vinge

Party: Danske Bank (Lender)

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