Press Release
June 5, 2017

Castlelake Acquires Treveria Portfolio

The Frankfurt team advised longtime client Castlelake on its acquisition of the Treveria property portfolio, which consists of commercial retail and residential space, from Commerzbank.

The acquisition was carried out by a trustee structure through a combined asset deal and share deal, as well as an external financing through a loan provided by SEB AG. The purpose of the loan is also to finance certain investment expenses.

The transaction involved German and Luxembourg law and entities in the UK, Luxembourg and Anguilla.

The Goodwin team was led by Frankfurt partners Peter Junghänel,Stephan Kock and Heiko Penndorf and included senior associate Felix Krüger, and associate Catharina Englert.