Goodwin has advised Tikehau Capital, on the establishment of a programmatic joint venture with operating partner and German housing company Forte as well as on the acquisition of approximately 300 German residential units as the joint venture’s seed portfolio. The joint venture partners intend to develop, hold and sell residential real estate in the German market.
Furthermore, Goodwin has advised the joint venture on the establishment of a credit facility from a senior lender.
Tikehau Capital is a leading global alternative asset management group, specializing in credit, real assets, private equity, and capital markets strategies. Forte is a German housing company with 9,000 apartments in major cities like Berlin, Frankfurt, Cologne, Essen and Leipzig.
The Goodwin deal team was led by partner counsel Silvio McMiken (Private Equity, Munich) and included partner Oana Millich, associate Michel de Bézenac (Corporate, Luxembourg), counsel Julien Schraub and associate Yann Ricard (Tax, Luxembourg).