Natixis advised Swiss Life Asset Managers on its acquisition of a €1.7 billion Paris office portfolio from Terreïs and arranged a €507.24 million mortgage financing backed by €1.3 billion prime assets. 90% of the portfolio consists of prime office buildings located in Paris' central business district.
Natixis acted as exclusive financial adviser of Swiss Life Asset Managers on this acquisition, as well as sole Bookrunner and Agent, co-Arranger, and co-Underwriter of the mortgage financing.
"Natixis jointly underwrote the loan with Swiss Life Holdings, which is an example of the increasing trend for large equity investors in property to invest in debt via other parts of the same group." Emmanuel Verhoosel, Global Head of Real Estate & Hospitality, Natixis Corporate & Investment Banking, explained.