The consulting firm Capcora, specialized on real assets, once again arranged a mezzanine bridge loan for a property of EYEMAXX Real Estate AG. The project which is already under construction is a major real estate project from the developer's current portfolio.
EYEMAXX Real Estate AG ("Eyemaxx"), a real estate company based in Aschaffenburg and listed on the Frankfurt Stock Exchange in the General Standard, has raised mezzanine capital for a major project development in Germany with the support of Capcora. By implementing a subordinated tranche, the financing structure of the project has been optimized.
Eyemaxx is currently developing various real estate projects with a total volume of around EUR 1 billion. The business focus is on residential and commercial real estate, such as hotels and serviced apartments as well as entire urban district developments in the core markets of Germany and Austria.
"We are pleased about another closing with the support of Capcora. The use of mezzanine capital is an important driver for our further growth, "said Kristian Radosavljevic, CFO of Eyemaxx Real Estate Group.
"Mezzanine capital has become a pillar in German real estate finance environment. The availability varies greatly depending on ticket size, project stage and asset type. We are therefore very pleased that we were able to provide Eyemaxx with a suitable investor for another project", says Christian von Olnhausen, Managing Director of Capcora and responsible for the real estate sector.
About Eyemaxx:
EYEMAXX Real Estate AG is a real estate company with a long-standing successful track record, focusing on residential properties in Germany and Austria. In addition, EYEMAXX also realises commercial properties in central Europe.
Shares of EYEMAXX Real Estate AG are listed in the General Standard of Frankfurt Stock Exchange and in the direct market plus on Vienna Stock Exchange. The company has also issued several bonds, which are also listed on the stock exchange.
www.eyemaxx.com
About Capcora:
Capcora is a consulting firm, specialized on real assets. Capcora procures equity, mezzanine and debt financing for energy and infrastructure projects, real estate, and medium sized companies. The focus is especially on mezzanine financing for the recapitalization of tied-up liquidity in operating assets as well as for bridge financing of developments and construction measures in the area of renewable energies (photovoltaics, onshore wind) and real estate through alternative financing sources.
www.capcora.com
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