The document discusses the limited space for city expansion in Stuttgart due to topographic and environmental factors. It highlights the former IBM headquarters as a potential development site for residential and commercial use. The property is designated for 3,500 residents with a mix of rental apartments, condominiums, and commercial space. SSN Group is the project developer. Details of the financing include a real estate secured loan agreement with senior and junior interest rates, a maturity of 4 years, and involvement of Deutsche Bank, Wilmington Trust, and Solutus. The transaction is set to close in November 2017.
documents/EFTA01386291.pdf
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