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
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