Press Release October 18, 2017

GreenOak Enters Germany Through €100 Million Diversified Commercial Real Estate Portfolio Acquisition

Goodwin berät GreenOak bei erster Immobilienfinanzierung in Deutschland

The Frankfurt Real Estate Industry practice led a cross-border team in advising a debt fund under management of GreenOak Real Estate on a €100 million loan to finance a real estate portfolio (acquisition as well as capital expenditures) in Germany. The transaction is a first for GreenOak in Germany, marking its entry into the local market.

GreenOak Real Estate is an independent, partner-owned, real estate-focused principal investing and lending firm that seeks to provide strategic advice and create long-term value for its clients and investors. Since 2011, GreenOak has raised $7.2 billion of discretionary equity from institutional investors for real estate lending and investment in Europe, the U.S. and Asia, and has acquired approximately $10 billion of assets. GreenOak has offices in London, Madrid, Milan, Luxembourg, New York, Tokyo, Los Angeles and Seoul, with over 90 professionals in dedicated local teams having local knowledge, experience and extensive networks in each market.

The Goodwin Frankfurt team was led by partner Stephan Kock and included partners Peter Junghänel and Heiko Penndorf; associates Andreas Mallin, Tobias Rodrian, Dimitar Morfov, Catharina Englert, Christopher Jeschor; paralegal Helena Velimirovic with partners Paul Lyons, Ben Eaton and Alexandrine Armstrong-Cerfontaine; and associate Oana Millich in London.

Goodwin berät einen von GreenOak aufgesetzten Debt Fund bei der Ausreichung eines Darlehens in Höhe von rd.100 Mio. Euro zur Finanzierung eines Immobilienportfolios (Erwerb und Capital Expenditures) in Deutschland. Die erste Transaktion von GreenOak in Deutschland markiert zugleich den Einstieg in den hiesigen Markt.

GreenOak Real Estate (GreenOak) ist eine unabhängige, eigentümergeführte Immobilien-Investmentgesellschaft mit mehr als 90 Mitarbeitern und Büros in London, Madrid, Mailand, New York, Los Angeles, Tokio und Seoul. Seit 2011 hat GreenOak rund 7,2 Mrd. US-Dollar stille Einlagen von institutionellen Investoren für Immobilieninvestitionen in Europa, den USA und Asien eingeworben und Assets im Wert von rund 10 Mrd. US-Dollar erworben.

Berater GreenOak Real Estate:
Goodwin Frankfurt: partners Stephan Kock (Federführung), Peter Junghänel, Heiko Penndorf; associates: Andreas Mallin, Tobias Rodrian, Dimitar Morfov, Catharina Englert, Christopher Jeschor; paralegal Helena Velimirovic
Goodwin London: partners Paul Lyons, Ben Eaton and Alexandrine Armstrong-Cerfontaine; associate Oana Millich