Europa secures £89m loan for 1.2m sq ft logistics portfolio
Real estate investment manager Europa has secured an £89.1m green loan from HSBC UK to support two recently completed logistics developments.
The financing will be used against Panattoni Park South Normanton and Panattoni Park Rotherham, two newly developed and stabilised logistics assets created in partnership with developer Panattoni.
Both facilities are occupied through long-term leases with established businesses operating across sectors including e-commerce, pharmaceuticals and automotive.
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