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HFF Acquires Financing at Deutsche Bank for Stockholm Office Asset
Friday 14 June 2019

14 June 2019 - UK-based capital markets platform HFF Real Estate Ltd. has arranged financing for The Blackstone Group L.P. and Scius Partners for the acquisition of a 365,000-square-foot office building in Stockholm, the company said.
HFF secured the five-year, floating-rate acquisition loan through Deutsche Bank. Terms of the transaction were not disclosed.
The office property, Skjutsgossen 12, is currently 98% let to 12 tenants across the office and retail spaces.
With the completion of this financing, HFF has entered the Nordic market for the first time and the company said it plans to expand its relationships and presence in the Nordics.
The Blackstone Group, L.P. is an alternative asset manager with business that includes the management of real estate funds, private equity funds, hedge fund solutions, credit-oriented funds and closed-end mutual funds.
Scius Partners is a real estate investment company based in Stockholm.
Their core business is to act as local operating partners to international and domestic capital investing in the Nordic real estate markets.
HFF and its affiliates operate out of 26 offices and are a provider of commercial real estate and capital markets services to the global commercial real estate industry.
HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M and A and corporate advisory, loan sales and loan servicing.
Details
Date Published: 14/06/2019
Target: 365,000-square-foot office building in Stockholm
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: The Blackstone Group L.P. and Scius Partners
Comment:
HFF Real Estate Ltd. has arranged financing

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