Ashurst advised a banking consortium comprising Landesbank Hessen-Thüringen Girozentrale (Helaba), SEB AG, Natixis Pfandbriefbank AG, NATIXIS S.A. and funds managed by AXA REIM SGP on granting a loan for refinancing a real estate portfolio managed by Hansteen PLC. The portfolio comprises 45 logistic sites. The loan was used for repaying a loan granted by Unicredit Bank AG.

The Ashurst team was jointly led by finance partner Dr Stephan Kock and senior associate Derk Opitz. They were assisted by counsel Tobias von Gostomski, associates Andreas Mallin, Annabelle Sachs and Axel Walch as well as by transaction managers Kerstin Sponer and Emilie Veyran (all Finance, Frankfurt). London-based corporate partner Isabelle Lentz and senior associate Paul Witte supported the German team regarding Luxembourgian law.

The Frankfurt-based real estate finance team which only recently advised Helaba on refinancing the "Homer" portfolio, also advised SEB AG for the first time.