Led by the Frankfurt Real Estate Industry team, Goodwin advised Landesbank Baden-Württemberg (LBBW) on a EUR 400 million financing for the “Track” building construction in Berlin. LBBW acts as arranger, agent and security agent
Track consists of nine connected buildings and is part of the large-scale new Europacity development, "Quartier Heidestrasse," by real estate developer Aggregate Holdings SA and project developer Taurecon Real Estate Consulting. After its completion in 2023, Track will offer around 108,000 square meters of office space for around 8,500 workstations.
Landesbank Baden-Württemberg is a medium-sized universal bank and the central institution of the savings banks in Baden-Württemberg, Saxony and Rhineland-Palatinate. In addition to corporate and private customer business, the bank focuses on real estate financing.