pbb Deutsche Pfandbriefbank and Westdeutsche ImmobilienBank AG in a Club Deal structure completed the investment financing of €48.5 million for Arka’s Alfa Shopping Center in Poland

Munich/London/Mainz – November 27, 2009 – (RealEstateRama) — pbb Deutsche Pfandbriefbank acting as Facility Agent and Westdeutsche ImmobilienBank AG (WestImmo) are pleased to announce that they have provided Arka Property Funds with a €48.5 million investment financing for Alfa Shopping Center in Olsztyn, Poland.