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Jun 2015
Financial adviser
600 million


With 23,000 residential units, Vesteda is the largest independent residential fund in the Netherlands, focusing on mid-rental residential real estate in economically strong regions

  • Vesteda signed a new 5 year €600m revolving credit facility with a syndicate of five banks
  • As a result, Vesteda extends its average maturity of available credit lines, decreases its average cost of debt and reduces the cost on undrawn commitments due to lower margin
  • Kempen & Co acted as financial adviser in this transaction

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