Ashurst advised Natixis Pfandbriefbank AG (Natixis) on financing the acquisition of landmark office building "Schicklerhaus" in Berlin-Mitte by Austrian SIGNA Group. The property was sold by Tristan Capital Partners. The parties have agreed not to disclose the purchase price and financing volume.

The Ashurst team was led by finance partner Derk Opitz. Partner Dr Martin Bünning advised on tax, partner Dr Hendrik Theismann on real estate law, assisted by associates Annabelle Sachs, Emilie Veyran-Müller and André Schaumburg (all finance), Carina Park (tax) and senior associate Michael Mehler (real estate, all Frankfurt).

Ashurst regularly acts for Natixis in relation to real estate financings.

Natixis is a subsidiary of Natixis S.A., the international corporate, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France. Natixis Pfandbriefbank AG issues Mortgage Pfandbriefe to refinance its commercial real estate loan business.

Ashurst's German banking and finance practice advises both banks and alternative lenders, private equity firms and companies on domestic and cross-border acquisition, real estate, asset and infrastructure / project finance as well as on financial restructuring and corporate lendings.