DLA Piper has advised Investa Immobiliengruppe on financing the purchase of a nationwide German commercial property portfolio known as “Deutsche Bank Office Portfolio”. Deutsche Pfandbriefbank AG issued a loan of 80 million euros for the financing which was completed in June 2015.
Investa acquired the portfolio comprising of 42 inner-city properties from Eurocastle Investment Limited in the second quarter of 2015.
Investa Immobiliengruppe is an independent professional services provider who develops real estate in Germany. The company has more than 30 years of experience in the development, marketing and implementation of high-quality office buildings and condominiums.
The DLA Piper team included partner Frank Schwem and senior associate Dr Katalin Legradi (both Finance & Projects, Frankfurt).