Published: 9.00 CEST

Van Lanschot Kempen acted as Sole Financial Adviser for raising €625 million in green debt facilities for real estate investor and developer DHG

• The transaction supports DHG’s modern and sustainable development standard
• The company's properties comply with the Paris-Proof requirements of the Dutch Green Building Council
• The transaction represents one of the largest Green Loans in the European Real Estate sector in 2023
• This is the eighth Debt Advisory transaction that Van Lanschot Kempen has completed in the past 12 months and brings the accumulated value to €1.9 billion

Van Lanschot Kempen Investment Banking acted as Sole Financial Adviser for raising €625 million in green debt facilities for logistics real estate investor and developer DHG (David Hart Group). DHG, established in 1995, is the largest developer of logistics real estate at risk in the Netherlands and is known for its innovative SMARTLOG real estate concept.

The transaction, structured as a Green Loan, supports DHG's sustainable development standard. The thirteen logistics properties that are covered by this funding transaction have a total area of over 500,000 m2 and are located in logistics hotspots across the Netherlands. The distribution centres have been designed from the perspective of innovation and sustainability and comply with the Paris sustainable development goals of the Dutch Green Building Council. This allowed the transaction to be structured as a Green Loan. 

This futureproof facility enables DHG to finance both its completed and planned projects.  Following disposals of developed assets post completion in recent years, DHG now reverted its focus to a build & hold strategy with logistics assets.

Guus de Haan, Head of Debt Advisory at Van Lanschot Kempen: “At the beginning of this year we investigated various options with DHG for raising future-proof funding. We are proud of this outcome, which provides DHG with the financial capacity to further develop its pipeline of sustainable logistics real estate projects.” 

This marks the eighth Debt Advisory transaction that Van Lanschot Kempen has completed in the past twelve months and brings the accumulated value to €1.9 billion.

 

More information
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