Alantra advised Compagnie de Phalsbourg on the closing of a €95mn Senior Secured Development Financing in Spain

Nov 2017

Debt raising

Value €95 million

Alantra advised Compagnie de Phalsbourg on the closing of a €95mn Senior Secured Development Financing in Madrid (Spain). The sponsor (Compagnie de Phalsbourg), founded in 1989, is a privately owned French real estate property development and management company, focused in the commercial segment. The Company Operates assets across France with 500,000 spq of GLA and a Portfolio valuation of ca. €1.25bn .

The transaction is the largest Development Financing for a shopping mall closed in Spain after the crisis (2nd deal was closed recently with a €140mn project size-Madrid Rio).