Real Estate Asset Management
Wereldhave Belgium secured €60m in revolving credit facilities with two new European banking partners. Ernest Partners supported the financing process, helping diversify the company’s banking pool and create flexibility for further growth.
Debt funding strategyFinancial analysisNegotiationTHE STORY
Wereldhave Belgium is a Belgian-listed REIT owning and operating a portfolio of approximately €1.2bn of shopping centres, retail parks and business parks across Belgium and Luxembourg.
Following the acquisitions of Knauf Shopping Pommerloch and Shopping Ville2 in 2025, the company sought €50m in additional financing. Its objective was to diversify its banking pool beyond its longstanding Belgian banking partners and support further investment in its portfolio and new acquisitions.
Ernest Partners supported Wereldhave Belgium throughout the financing process. We defined the debt funding strategy, prepared the pitch for financiers, approached potential banking partners and negotiated the contractual terms through to closing.
The process resulted in two new five-year revolving credit facilities of €30m each, exceeding the initial financing target by €10m. One of the facilities is a green facility aligned with Wereldhave Belgium’s Green Finance Framework.
The additional financing broadens the company’s banking relationships and provides flexibility to pursue asset repositioning, ESG upgrades and external growth opportunities.
A thorough analysis of the financing structure of the Fievez-Beyens residential care group led us to successfully secure €6 million in working capital financing.
Raising €24 million in Holding and Senior Debt to refinance existing debt and fund further growth of an impact-focused real estate portfolio.
Ernest Partners works side by side with clients throughout the process, from initial analysis to the final outcome.
Our team combines financial expertise with hands-on experience. We help clients understand their working capital position, identify where improvements are possible and take the right steps to strengthen liquidity.
