Osborne Clarke advised Aareal Bank AG, Rome branch, acting as lender, arranger and agent, in a Euro 53 million loan  granted to the “CER-L” alternative closed-end real estate investment fund, which acted through the management company Carlyle Real Estate SGR S.p.A., which was in turn advised by Freshfields Bruckhaus Deringer.

The loan was granted to finance the acquisition and/or development of a real estate portfolio composed of 5 logistic properties located in the North of Italy.

Macfarlanes has advised a high-net-worth investor on a £25m refinancing facility in respect of two large Sainsbury’s supermarkets in Hinckley and Middlesbrough.

Funding was secured from Deutsche Pfandbriefbank AG for a new five year investment loan which was drawn in October 2018.

Macfarlanes also acted on the original acquisition and development facility for the two properties in 2014 and 2015 respectively.

Dentons' Banking and Finance team in Warsaw has advised BGZ BNP Paribas on a EU17 million financing granted to three Yareal Group companies to refinance the purchase costs of three properties in Warsaw intended for the construction of residential buildings with total area of approximately 110,000 sq.m.

The scope of Dentons' legal advice included the due diligence of property documents, borrower companies and projects, as well as the preparation of three credit documentation packages.

International law firm Clifford Chance advised Greystone & Co. and related entities in the establishment of a US$300 million CRE CLO transaction by a Greystone-managed fund and Greystone affiliates. The transaction, which closed on September 21, 2018, is the first-ever CRE CLO backed exclusively by commercial real estate ("CRE") bridge loans backed by first lien mortgages on healthcare facilities, including skilled nursing facilities, assisted living facilities and senior living facilities.

Stephenson Harwood (Singapore) Alliance has advised Minsheng Financial Leasing Co., Ltd. (Minsheng Financial Leasing) in relation to the refinancing of a portfolio of 10,000 marine containers, through a Japanese Operating Lease with Call Option (JOLCO) with head lease and sub-lease structure.