July 2023
nsi
Sole Financial Adviser
€65 million
Secured Term Loan Extension

NSI

Sole Financial Adviser

Van Lanschot Kempen acted as Sole Financial Adviser to NSI in the extension of a €65m Secured Term Loan

Transaction highlights

  • NSI successfully amended and extended its €65m secured loan. The secured loan’s maturity has been extended by four years and is secured against a portfolio of 8 assets. The facility has an improved margin of 136 bps over Euribor
  • Alianne de Jong (CFO at NSI): “Against the backdrop of a challenging commercial real estate landscape, this extension underscores the resilience of NSI's portfolio, the robustness of its balance sheet, and the enduring relationship it has forged with its funding partners."
  • Guus de Haan (Head of Debt Advisory at Van Lanschot Kempen): “We congratulate NSI with the successful completion of yet another debt transaction. We thank NSI for its continued trust in us and we look forward to continue our longstanding relationship.”
  • Van Lanschot Kempen assisted NSI in the dialogue with its lender and managed the overall process management and closing of the transaction
  • Van Lanschot Kempen acted as Sole Financial Adviser to NSI

Company description

  • NSI is a Dutch Euronext listed commercial property investor, focusing on providing best-in-class flexible space solutions and services in modern, sustainable buildings in prime locations
  • NSI’s portfolio consists of 47 properties, with a value of €1.3 billion

Van Lanschot Kempen credentials

  • Van Lanschot Kempen has advised on more than €105bn real estate transactions across 15 different countries in Europe. Since 2020 to date, Van Lanschot Kempen advised on >110 transactions across different countries, representing a total deal value of >€30bn in a challenging and unprecedented pandemic environment
  • This transaction marks our seventh Debt Advisory transaction during the last twelve months with a combined deal value of €1.3bn

Please do not hesitate to contact us if you have further questions

Guus de Haan Van Lanschot Kempen

Guus de Haan

Managing Director
Debt Advisory

EmailMail Guus de Haan