Baker & McKenzie and Archers intervened respectively for AEW Europe and Deutsche Pfandbriefbank AG in setting up the mortgage refinancing of the Tour W in the amount of 131 million euro. The Tour W is operated by AEW Europe and the bank refinancing has been arranged and provided by Deutsche Pfandbriefbank AG.
Located at La Défense, the Tour W contains 32 floors and a usable surface area of 38 000 m². It is owned by a group of institutional investors.
AEW Europe is one the European leaders in investment advice and real estate asset management for third parties. The company manages 17.3 billion in assets.
Deutsche Pfandbriefbank AG is one the leading banks in Europe specialized in real estate financing and public investment.
AEW Europe was advised by Baker & McKenzie, with Pierre-Marie Ouchet, local partner, and Fabrice Varandas, senior associate.
Deutsche Pfandbriefbank AG was counselled by Archers with Jean-Maurice Gaillard and the help of Hélène Testeil.