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Aggregate Financial Services successfully supported the refinancing of a EUR 30 million senior tranche of an acquisition and development financing in Hamburg.

EUR 30m acquisition and development financing with a 2-year term to finance the acquisition, planning and development costs on a pro-rata basis until the start of construction. Aggregate Financial Services structured the refinancing of the existing promissory note for a real estate investor and advised on the entire financing process.

A mixed-use building will be constructed on the site in Hamburg, which is located close to the main railway station in a prominent location and will include residential space as well as offices and commercial space. Building permission for the project is expected in 2 years at the latest. Subsequently, the financing will be replaced by a construction financing.


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