DEBT ADVISER OF THE YEAR (DEVELOPMENT FINANCING): CONTINENTAL EUROPE
By Daniel Cunningham
In May 2021, Eastdil advised Icawood on one of France’s more notable development financing transactions of the year. The low-carbon real estate development fund agreed a €185 million loan from Allianz Real Estate and BNP Paribas Real Estate for the construction of an office, retail and student accommodation scheme in Paris, with a wooden structure. Among other deals, Eastdil advised on a €130 million retail outlet development financing in France for developer Apsys.
