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 Lars Jessen, Peter Junghänel,Stephan Kock and Heiko Penndorf and included senior associates Andreas Mallin, Martin Prokoph and Felix Krüger, and associates Anja Meier and Catharina Englert.