Aareal Bank announced a €406 million financing facility for Pandox targeting a pan-European hotel portfolio.
Published by Aareal Bank AG (company press release). Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Partially a 'Green' loan — multiple assets hold BREEAM 'Very Good'/'Excellent' ratings. Closed 31 Mar 2026; announced 12 May 2026. Aareal acted as arranger, facility agent and security agent; CBRE valued, DLA advised legally. Rate/tenor not disclosed.
Aareal Bank provided financing for Pictet Real Estate Capital's acquisition of a Marriott hotel property in Zurich.
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