Prime logistics assets
Allianz finances development of 2.4m sqft portfolio of build-to-core UK logistics assets
© BGO
Facts & figures
| Asset name | Prime logistics assets |
| Country | United Kingdom |
| City | Key locations of Milton Keynes, Felixstowe, Basildon, Bristol and Wembley |
| Asset type | Logistics |
| Investment type | Build to Core (Development) |
| Size | 2,388,086 sq ft |
| Signing date | 2021 |
| Sustainability | Each of the properties will meet stringent ESG criteria, targeting EPC A and BREEAM Excellent Certification. They will also undergo a Carbon Risk Real Estate Monitor (CRREM) assessment to ensure they are in line with UK decarbonization and energy reduction pathways |
| Loan initial | EUR 280m |
| LTV/LTC initial | 58% |
| Tenor | 7 year term |
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