Hypo Real Estate Bank has announced the successful completion of a EUR 181.6 mln financing package for Thalassa Holdings, mainly to fund its acquisition of a listed Cypriot real estate company. Thalassa Holdings is a joint venture between RREEF, a real estate investment subsidiary of Deutsche Bank’s asset management division, and the Lanitis Group, one of the oldest business groups in Cyprus.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
