Banking consortium
The banking consortium consists of: Aareal Bank AG (Germany), Banque LBLux S.A. (Luxemburg), Berlin Hannoversche Hypothekenbank AG (BerlinHyp) (Germany), BNP Paribas Fortis (Belgium) and NIBC Bank N.V. (The Netherlands).
The NIBC Bank fills the role of ‘Mandated Lead Arranger’ and will be the ‘Facility Agent’, the Aareal Bank has the role of ‘Security Agent’ while the Berlin Hannoversche Hypothekenbank has the role of ‘Mandated Lender Valuer’.
Amvest Residential Core Fund
Amvest is the property investment funds manager for the Amvest Residential Core Fund. These funds are made up of a young portfolio of approximately 6,000 units of accommodation in the medium priced leasing sector in the economically strong areas of The Netherlands. These funds will shortly be opened to new investors. Aegon and PfZW are the funds’ launching investors.