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CoStar News: Allianz Backs BentallGreenOak With Logistics 'Green' Development Loan

CoStar News: Allianz Backs BentallGreenOak With Logistics 'Green' Development Loan

Allianz Real Estate, acting on behalf of several Allianz group companies, has agreed £240 million in debt funding for BentallGreenOak, working with Equation, for the development of a build-to-core portfolio of eight UK logistics assets.

The financing meets the criteria to be classed as a green loan and has been made through Allianz Real Estate’s Luxembourg-based European debt fund, the company said.

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