Deutsche Hypo – NORD/LB Real Estate Finance has provided a €18 million green loan to global real estate firm Hines for the logistics property “Nexus San Fernando” in Madrid. The transaction was carried out under the Hines European Property Partners (HEPP) fund. The loan has a term of five years.
Nexus San Fernando comprises four units with a total gross lettable area of 27,000 square meters, 34 loading docks, and extensive maneuvering zones. The property is located in the San Fernando de Henares industrial area, one of the most important logistics hubs in the Corredor del Henares, just 20 kilometers from Madrid city center and 15 kilometers from the airport. The asset has been awarded a BREEAM “Excellent” certification.
“With this financing, Deutsche Hypo – NORD/LB Real Estate Finance underscores its commitment to sustainable real estate projects in Europe,” said Maite Linares Fernandez, Head of the Madrid Office at Deutsche Hypo – NORD/LB Real Estate Finance. “The Nexus San Fernando project combines high-quality facilities, a strategic location, and sustainable construction, making it an outstanding example of the future of logistics real estate.”