Domicil Real Estate AG signs a loan loan for an amount of approx. 300 million euros


DGAP-News: Domicil Real Estate AG / Keyword (s): Obligation / Financing

Domicil Real Estate AG: Domicil Real Estate AG signs a paper loan in the amount of approx. 300 million euros

16.12.2021 / 08:00
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PRESS RELEASE

Domicil Real Estate AG signs a loan loan for an amount of approx. 300 million euros

– Duration of 4 years

– Interest coupon of 4.00 percent pa

Munich, December 16, 2021 – A subsidiary of real estate and investment company Domicil Real Estate AG has signed a loan letter of approx. 300 million euros. The debt note issued has a term of four years and bears an interest coupon of 4.00 percent per annum. The funds are used to finance a portfolio of real estate assets acquired by Domicil. Deutsche Bank AG serves as the arranger, bank, original creditor and payment agent.

“As we continue to strategically develop our business, we are also gradually unlocking all of the instruments in the corporate finance toolbox. with and in a spirit of partnership with the Deutsche Bank AG team. This strategy provides for the resale of rented condominium apartments to retail investors while strictly adhering to all legal standards in place to protect tenants in place ”, explains Holger Lueth, Deputy Managing Director and CFO of Domicil Real Estate AG, adding: “We are delighted to be able to implement an innovative financing concept and, in doing so, to finance the existing pipeline of Domicil Real Estate AG for the coming years on attractive terms. By issuing this capital market instrument, we are taking our business one step further. We would like to thank all parties involved for their transparent and constructive cooperation. “

Legal advice was provided to Domicil by Ashurst, White & Case acting on behalf of the bank. Wilmington Trust SP Services (Frankfurt) GmbH acts as security administrator and Solutus Advisors GmbH acts as facilities agent.

About Domicil Real Estate AG

Domicil Real Estate Group is a real estate investment company headquartered in Munich. Its main activity is the buying and selling of residential real estate throughout Germany. The focus is on acquiring mid to large sized apartment portfolios and quickly reselling them to tenants, owner occupiers and investors. This can encompass individual apartments as well as entire properties and portfolios. In addition, Domicil makes its skills available to institutional clients in all areas of the value-added chain – from purchasing, through portfolio and asset management, to subsequent exit. More information: www.domicil-group.de

Press contact

Elisabeth knöpfle
Marketing & PR Manager
Telephone: +49 89 411 115-765
Email: [email protected]

16.12.2021 Distribution of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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