The CBRE European Industrial Fund has refinanced a portfolio of 14 core logistics properties spread over six countries in Europe. Natixis, in partnership with AXA, structured and arranged the €123.7m refinancing. The portfolio covers logistics assets located in Spain, France, Portugal, Belgium, Germany and the Netherlands. Natixis was the sole arranger in the €30m bridge loan, which will allow the fund to pre-finance future acquisitions. The fund was advised by DLA Piper France LLP and Etude Allez & Associés.
