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Banking & Finance - Real Estate Finance

DLA Piper handles construction financing for new Sacramento Kings arena

21 Aug 2014

DLA Piper represented Goldman Sachs in connection with a $265 million private bank financing for the $477 million construction of the new Sacramento Kings arena. The Kings are contributing $222 million, and the city of Sacramento is providing $255 million.

Following years of obstacles and rumors that the team might leave town, work on the basketball franchise’s new home at Downtown Plaza began on Friday, August 1, with a ceremony that included speeches by Mayor Kevin Johnson and Kings President Chris Granger.

Ashurst advises DekaBank Deutsche Girozentrale on the financing of the acquisition of 5 German properties by listed Singapore IREIT Global

21 Aug 2014

Ashurst advised DekaBank Deutsche Girozentrale on the financing of the acquisition of five German properties by special purpose vehicles of IREIT Global. IREIT Global has been listed on the Singapore Exchange from 13 August 2014 and is the first Singaporean REIT to invest in German properties. Unlike German REITs, Singaporean REITs do not have legal capacity. It is generally expected that this is the first of many similar Singaporean REIT transactions.

Paul Hastings Represents Forterra Trust in China Shopping Center Financing

11 Aug 2014

Beijing - Paul Hastings, a leading global firm, announced today that the firm represented Forterra Trust in the financing of the Huai Hai Mall. Forterra Trust is a Singapore-based business trust listed on the Singapore Exchange Securities Trading Limited focused on owning, managing and developing commercial real estate in China.

Located in the heart of the Shanghai’s Central Business District, the Huai Hai Mall, is situated in one the city’s prime luxury retailing precincts.

Osborne Clarke advises Santander Corporate and Commercial Banking in connection with Imperial College London's £200 million Research and Translation Hub

07 Aug 2014

International law firm, Osborne Clarke has advised Santander Corporate and Commercial Banking on its £73.0 million development and investment finance facility relating to Imperial College London's £200 million new Research and Translation Hub.

The loan was made to Voreda, the London based real estate development and investment company who have exchanged contracts with Imperial College London to deliver the major research and translation centre.

CMS Hasche Sigle advises Deutsche Pfandbriefbank AG again on financing for pan-European Segro real estate portfolio

06 Aug 2014

Frankfurt/Main – Deutsche Pfandbriefbank AG has provided financing amounting to EUR 139 million as part of a consortium with Landesbank Hessen-Thüringen Girozentrale to subsidiaries of Segro plc for the purpose of acquiring a logistics property portfolio. Deutsche Pfandbriefbank AG acted as arranger, facility agent and security agent on the deal.

The facility will be used to fund the acquisition of the Raclette, Comte and Titan portfolios comprising a total of 23 German sites occupied by logistics properties and held by German, Dutch and Luxembourg property companies.

Dentons acts for lenders in €215 million refinancing of P3 logistics portfolio in CEE

11 Jul 2014

Dentons banking and real estate teams jointly advised pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG on their €215 million senior facility to refinance the portfolio of five modern logistics parks located in the Czech Republic, Poland and Slovakia.

Dentons banking and real estate teams jointly advised pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG on their €215 million senior facility to refinance the portfolio of five modern logistics parks located in the Czech Republic, Poland and Slovakia.