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Deal Date: 04-03-2014 Practice Area: International Finance and Bank Credit
Deal Title: AXA Group - Refinancing of the Herkules Office Portfolio Industry: Real Estate Investment & Services
Description:
Ashurst has advised Deutsche Pfandbriefbank AG (pbb), Societe Generale, Natixis Pfandbriefbank AG as well as the AXA Group on the refinancing of a real estate portfolio comprising 38 real properties of Prime Office AG. The so-called Herkules portfolio consists mostly of office properties in, inter alia, Bremen, Dusseldorf, Frankfurt, Hamburg and Cologne. The rental space includes a total of approximately 400,000 sqm. The Ashurst team was led by Frankfurt-based finance partner Dr Stephan Kock. He was assisted by counsel Christiane Kneip and associate Isabell Poller (both Finance, Munich) as well as transaction manager Julia Probst (Finance, Frankfurt). Sarah Watkinson and James Wright (Finance, London) advised on English law aspects. Partner Heiko Penndorf advised on tax aspects, supported by associate Felix Kruger (both Tax, Frankfurt). Inhouse lawyer Hanns-Christian Paul assisted with the transaction for Deutsche Pfandbriefbank.
Financial Center: Frankfurt Value: 0.00-0.00
Advised Party: Lender Law Firm
Real Estate Jurisdiction Germany Real Estate Jurisdiction Germany
Classification: Real Estate Finance Office
Lawyer Stephan Kock