Ashurst has advised Deutsche Pfandbriefbank AG, a leading specialist bank for real estate financing and public investment finance, on a £100 million financing facility secured by the Frenchgate Shopping Centre in Doncaster.

Frenchgate, ultimately owned by Patrick McKillen, Padraig Drayne and affiliates of Colony Capital, LLC., is a recently refurbished regional shopping centre measuring approximately 800,000 square feet. The property, which is 95% occupied, features over 120 known national and international retailers.

The Ashurst team was led by finance partner Ruth Harris, assisted by associate Sarah Winter and solicitor Emma Kerr.

The borrower was advised by Eastdil Secured.