pbb Deutsche Pfandbriefbank has provided an investment loan facility totalling €115 million to a fund managed by the Real Estate Group of Ares Management Corporation (Ares), which will utilise the proceeds for the acquisition financing of a logistics portfolio in Poland. pbb acted as arranger and sole lender under the facility. The portfolio consists of four assets along with key logistic destinations across northern, central and southern Poland. All properties are newly built Class A warehouse assets located in Gdansk, Katowice Sosnowiec, Poznan and Wroclaw. The portfolio comprises a total of 285,500 sqm gross lettable area let to over 30 reputable tenants such as Rhenus, LPP and GEFCO. This is the second transaction between Ares and pbb within a short timeframe. In Q4/2020, pbb provided a €30 million medium-term financing for the acquisition of a logistics portfolio comprising 83,200 sqm gross lettable area with assets located along the main logistic routes in Spain like A2, AP-7 and A3 motorways. Charles…