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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
Berlin housing firm GSW closes key pre-IPO refinancing
Berlin-based housing firm GSW has agreed E875m in loan agreements with six leading banks averaging over eight-year maturity to refinance an expiring E890m CMBS debt facility. The move is seen as crucial groundwork for its plans to launch an IPO after the first attempt failed in last spring's market volatility. It owns 48,800 apartments valued at end-2009 at E2.6bn