Slate Asset Management, a global investment firm focused on real assets, has finalized approximately €425 million in senior debt refinancings for its essential real estate portfolio in Europe since January 2024. The refinancing was conducted across 160 properties in three countries through collaborations with Erste Group Bank AG, DZ HYP, and Natixis Pfandbriefbank AG, with favorable five- and seven-year terms. The properties, secured by long-term CPI-linked net leases with AAA covenant tenants, underscore the attractiveness of essential real estate as an asset class. Slate’s European strategy involves acquiring cash-yielding essential real estate assets. Mellum Capital, Goodwin Procter, and Schoenherr Attorneys advised on these transactions.

Real Estate, Finance,Europe

Slate Asset Management Completes Approximately €425 Million of Senior Debt Refinancings for Its European Essential Real Estate Portfolio Year to Date