NautaDutilh advised Aareal Bank, ABN AMRO and Rabobank on its EUR 625 million green loan financing for the David Hart Group in relation to its portfolio of 13 high quality SMARTLOG distribution centres located in strategical locations in Hellevoetsluis, Moerdijk, Rotterdam and Zaandam.
The SMARTLOGS provide users direct access to important water, rail and highways in the Rotterdam port area or other logistics hotspots and set a new benchmark in XXL warehousing and distribution.
The finance documentation entered into by our clients and DHG includes green loan provisions expressing the innovative and sustainable development and use of SMARTLOGS in accordance with the requirements of the Paris Agreement and the Dutch Green Building Council.
"Green Loans and sustainability linked loans still grow in popularity among both lenders and borrowers in the real estate and infrastructure sector" says Jaco Belder of the Finance team. "Honored to see our team have assisted the lenders on this transaction and being able to provide a thorough due diligence report and guidance on implementing the green loan principles in the documentation."
The NautaDutilh team further consisted of, for the full lenders due diligence, Yvonne Heijkants, Kees Koetsier, David Wumkes, Shauny Japhary, Youri Jansen, Keri van Ettekoven and Folkert Kerckhoffs. For the finance documentation, Huub Verschoor, Laurens Vink and Mark den Bleijker. For tax Nico Blom and Riemer Meinderts.