pbb provides SEK 650m for the acquisition of two modern logistics properties let to a leading food and restaurant wholesaler


Stockholm 19.12.2018 – pbb Deutsche Pfandbriefbank provided an acquisition facility of SEK 650 million (approx. € 70 million) to Halmslätten Fastighets AB. Halmslätten Fastighets AB is a listed property vehicle recently set up by Pareto Securities, an independent full service investment bank with a strong position in the Nordic capital markets. The transaction closed in December 2018.

The loan was provided to support the acquisition of two modern logistics properties with freezing and refrigeration capacities located in Halmstad and Umeå. The prop- erties comprise a total lettable area of approximately 73,000 m2 and are fully let to Martin & Servera on long leases. Martin & Servera is a Swedish, family-owned group of companies delivering beverages, fresh produce, foodstuffs, equipment and services to restaurants, cafés, bars and canteens across Sweden.

Norbert Müller, Head of Real Estate Finance Continental Europe West at pbb Deutsche Pfandbriefbank, said: “We are happy to grow our relationship with Pareto Securities and to support them in establishing Halmslätten Fastighets AB. The properties are strategic assets for the no.1 food, beverage and restaurant equip- ment wholesaler in Sweden”

Media contacts:
Walter Allwicher, +49 89 2880-28787, walter.allwicher@pfandbriefbank.com