At the end of July Aukera Real Estate AG (Aukera) issued a loan amounting to EUR 132.5 million for the refinancing of a property in Austria.
This is a fully leased, top-quality property with a very good mix of tenants, in an excellent Vienna city-centre location. The borrower is one of the most active and successful Austro-German real estate companies.
“We are delighted that we have successfully concluded this senior financing deal as a club deal with both sub-funds,” says Lars Armgart, CEO of Aukera, adding: “The first equity commitment of sub-fund II has already been fully invested in no time at all. We issued loans totalling some EUR 425 million in the first nine months of our investment activity, which means that we are well on our way to achieving the targets set for 2021 well before the end of the year.”
