Q-Park Closes First Car Park Deal

24 Jul 2007

Maastricht, Netherlands-based property owner Quality Park has closed the first European securitization of car park collateral.

--Cathy Cunningham

Maastricht, Netherlands-based property owner Quality Park has closed the first European securitization of car park collateral. The €300 million ($400 million) transaction, first reported by in March (TS, 3/28),is secured by car park loans for 23 car parks, 15 of which are based in the ...

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