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Deal Date: 04-03-2014 Practice Area: International Finance and Bank Credit
Deal Title: Prime Office AG - Refinancing of the Homer Office Portfolio Industry: Real Estate Investment & Services
Description:
Ashurst has advised Landesbank Hessen-Thuringen Girozentrale (Helaba) and Deutsche Pfandbriefbank (pbb) on the refinancing of 10 real properties owned by Prime Office AG. The portfolio is known under the name Homer and consists mainly of office properties in Berlin, Dusseldorf and Frankfurt. The rental space includes a total of approximately 255.000 sqm. The Ashurst team was led by Frankfurt-based finance partner Dr Stephan Kock. He was supported by senior associate Derk Opitz, associate Andreas Mallin, associate Annabelle Sachs and transaction manager Julia Probst. Counsel Tobias von Gostomski advised on English law aspects (all Finance, Frankfurt). Partner Heiko Penndorf advised on tax aspects, supported by associate Felix Kruger (both Tax, Frankfurt). Responsible inhouse lawyers were Dr Yvonne Kolsch for Helaba and Hanns-Christian Paul 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