Core Insights - Cushman & Wakefield has successfully advised Urban Industrial on a €470 million refinancing, marking it as one of the largest Logistics & Industrial refinancings in the Netherlands [1][2]. Financing Structure - The refinancing package combines a shorter-term floating rate loan with longer-term fixed debt, tailored to support Urban Industrial's operational needs and long-term growth strategy [3]. - This transaction is designed to optimize group capital and facilitate continued growth, including the completion of the Groothandelsmarkt (GHM) facility in Rotterdam [3]. Company Statements - Richard Baltus, Managing Partner at Urban Industrial, emphasized that this refinancing is a landmark moment for their platform, showcasing the strength of their business and commitment to investing in industrial real estate in the Netherlands [4]. - David Gingell, Co-Head of EMEA Debt Advisory at Cushman & Wakefield, highlighted the successful match of Urban Industrial's platform with innovative debt capital, demonstrating the capabilities of Cushman & Wakefield's Capital Markets platform [5]. Market Position - Cushman & Wakefield's Debt Advisory practice is emerging as a leader in Europe's industrial financings, having placed nearly €1.5 billion in the last quarter alone [7]. - The firm maintains a consistent dialogue with over 350 lenders, providing high-probability capital solutions through market intelligence and collaboration across its EMEA platform [7]. Strategic Focus - The momentum of the refinancing aligns with Cushman & Wakefield's broader strategy to execute larger transaction volumes and support clients in complex deals across Europe [8].
Cushman & Wakefield Advises Urban Industrial on €470 Million Refinancing