Watson Farley & Williams (“WFW”) has advised J. H. Gustav Burmeister GmbH & Co. (“J. H. Gustav Burmeister”) as builder on the financing of Süderfeld Park, a large scale residential project in Hamburg-Lokstedt consisting of 380 flats, 21 town houses, four city mansions and a day nursery. The financing partner was Hamburger Sparkasse and the project manager and developer was Metropol Grund GmbH, who advised on the structuring of the financing and the selection of the lender.
The WFW team advising Gustav Burmeister on the negotiation and documentation of the financing was led by Hamburg banking & Finance partner Sven Fretthold, assisted by associate Bianca Stablein.
Sven commented: “We are delighted that we have been able to assist J. H. Burmeister successfully complete the complex real estate financing for this important residential project in Hamburg.”