Ashurst advised HSH Nordbank AG ("HSH") on the financing of the acquisition of a portfolio comprising seven retail properties with a total selling space of 82,000 square meters by property companies majority-owned by Partners Group, Zug, Switzerland.

The properties are inter alia located in Potsdam and in Bergen on the island Rügen. The majority of the space is let to renowned anchor tenants including hypermarket chains Real and Kaufland as well as DIY chain toom. HSH provided a partial financing of €62 million.

The Ashurst team was led by finance partner Dr Stephan Kock and Derk Opitz. They were supported by associate Annabelle Sachs and transaction lawyer Dimitar Morfov (all Frankfurt).

Ashurst advises its longstanding client HSH predominantly in connection with real estate and acquisition financings as well as on real estate law. Since November 2014 Ashurst is a member of HSH's law firm panel for real estate financings, real estate law and banking regulatory law.