Baker McKenzie advised Berlin Hyp and ING Wholesale Banking as Joint Bookrunner and Mandated Lead Arranger on the financing of the Frankfurt-based TaunusTurm. Financing was closed at the end of December 2016.
The TaunusTurm tower was developed by Tishman Speyer and completed in 2014. The building comprises a 40-story office tower and a 19-story residential tower with 44 apartments.
"It was an exciting task to advise Berlin Hyp and ING on this complex transaction. Due to the focused and effective collaboration with the banks, the property owner and the involved advisors, this financing was successfully completed in a very short time," commented Filip Kurkowski, Banking & Finance Partner in Frankfurt.
The Banking & Finance team at Baker McKenzie regularly advises banks and investors on financings and securitizations. Filip Kurkowski, who specializes in real estate finance, most recently advised Corestate Capital on the financing of a commercial real estate portfolio in Germany and on the acquisition of Hannover Leasing GmbH & Co. KG by Corestate.
Legal adviser Berlin Hyp and ING:
Baker McKenzie
Lead: Banking & Finance: Filip Kurkowski, LL.M. (Partner, Frankfurt)
Further team: Banking & Finance: Kathrin Marchant (Partner, Frankfurt), Silke Fritz, LL.M. (Associate, Frankfurt), Martin Michard (Partner, Luxembourg), Tianle Cao (Associate, Luxembourg)
Tax: Dr. Stephan Behnes (Partner, Frankfurt
Inhouse Berlin Hyp: Andreas Gründel (Head of Legal Department)
Inhouse ING: Katrin Plundke, Dr. Daniel Protz, Martijn Hubertse