Oceans & Company advised BaseCamp on Dortmund Refinancing

Dr. Joachim von Rheinbaben
Managing Director

Company News
19 Apr 2022

BaseCamp Student, one of Europe’s leading developer and operator of premium PBSA (purpose-built student accommodation), successfully refinanced its brand-new asset in Dortmund with CAERUS Debt Investments AG, a Düsseldorf based Debt Advisor, acting on behalf of a leading German insurance association.

The ESG certified premium student housing complex accompanied by high-street food anchored retail areas was completed at the end of 2021 and has already seen significant leasing progress shortly after grand opening.

BaseCamp Dortmund contains 449 rooms, of which 118 are available for short-term staying guests and the remainder are dedicated solely to student housing. The rental area on the ground floor features a REWE shop and BaseStack, an innovative e-gaming concept. The property is also home to Dortmund’s newest rooftop bar, which will be open to both guests staying at BaseCamp and the public.

Oceans & Company’s Real Estate Finance team exclusively advised BaseCamp on both the sourcing and execution of the financing.