Hypo Real Estate Bank International has agreed to provide a EUR 225mln facility to refinance the entire real estate portfolio of Central European Industrial Fund (CEIF). CEIF is a Luxembourg fonds commun de placement (FCP), jointly managed by Morley and Valad Property Group. The CEIF portfolio comprises 21 industrial/warehouse assets with some 590,000 m2, spread throughout CEE (Poland, Czech Republic, Romania and Hungary), and leased to more than 250 tenants.
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