Deutsche Pfandbriefbank AG (pbb) provides EUR 62.5 million financing to Realterm for logistics portfolio in the Netherlands and Belgium
23.02.2026
Munich/Amsterdam, 23 February 2026 – Deutsche Pfandbriefbank AG (pbb) has provided a credit facility of EUR 62.5 million to Realterm, a leading international real estate investment company focused on logistics and infrastructure assets serving land, air, sea and rail networks across North America, Europe and Asia.
The financing supports Realterm’s newly established Realterm Europe Logistics Fund II (RELF II) and relates to the financing of a portfolio of 10 transportation-advantaged logistics assets located across the Netherlands (9) and Belgium (1). The portfolio comprises a mix of truck terminal/transload facilities, last-mile delivery assets and industrial outdoor storage sites positioned along key freight corridors.
The facility is provided at a loan-to-value slightly above 60%.
Aart Visser, Head of Real Estate Finance Benelux at pbb commented:
“Realterm is a long-standing client and a highly experienced specialist in transportation-advantaged logistics real estate. We are pleased to support the next phase of their growth in Europe through RELF II and to further strengthen our relationship. This transaction underlines pbb’s commitment to financing logistics assets in our core markets and supporting sponsors executing active value-add strategies.”
Taner Çöllü, Senior Vice President, Debt Capital Markets & Product Specialist at Realterm Europe, commented:
“We are delighted to continue our long‑standing relationship with pbb through this transaction. The successful alignment of our respective business plans was made possible by pbb’s outstanding understanding of our value‑add strategies, as well as its many years of expertise in the Dutch and Belgian logistics markets.”