The Dutch bank has lent to Olayan and the group's real estate advisor Chelsfield before, notably in September 2014 when ING led a club of four banks which provided €750 million of debt secured on a prime Paris office portfolio.
 ING Capital only resumed new origination in the US last year, and Mike Shields, head of real estate finance in western Europe and the USA, said the latest financing demonstrated the bank's ability to underwrite and execute large deals on its own and around the world.
