Press release

BayernLB and MünchenerHyp finance a "state-of-the-art" property in Brussels for Lanesbrook

01.06.2021

BayernLB and MünchenerHyp are jointly financing an office building in
Brussels, which was completed in May, with around EUR 79 million as mandated
lead arrangers. BayernLB also acts as Agent in this transaction. The property is
located near Brussels International Airport and is 100% leased to two tenants on
a long-term basis. The building offers 35,690 sqm of state-of-the-art office space
and has both BREEAM "Excellent" and BEN certification. The fit-out features the
latest SMART building applications such as energy monitoring, remote management
and an extensive sensor network. Lanesbrook Real Estate is representing
an institutional client as their advisor in this transaction.

"We are pleased to further expand our international customer base with this club
deal. With the state-of-the-art network and energy efficiency in the building, this
is one of the most recent examples of our strategy to ‘finance progress’, said
Gunnar Rüffer, responsible for international real estate customers at BayernLB in
Frankfurt.

“Despite challenging times we have jointly closed a highly interesting club deal
for an international client. For us, this is the next leap for our growth strategy in
international financings in the European markets where we are active”, says Nicole
Jürgensen, Head of Commercial Real Estate Finance International Clients at
MünchenerHyp.