BCLP advises Deutsche Hypo - NORD/LB Real Estate Finance on the financing of a logistics portfolio in France

International law firm BCLP has again advised Deutsche Hypo - NORD/LB Real Estate Finance, Norddeutsche Landesbank's center of excellence for commercial real estate finance, on the origination of a large-volume real estate finance loan. As part of the transaction, the financial institution, as sole lender, refinanced the equity used to acquire and complete a logistics portfolio consisting of two properties. The borrowers belong to a fund managed by GLP Capital Partners. GLP Capital Partners is a leading global alternative asset manager that focuses on thematic investing across real assets and private equity.

With this transaction, BCLP once again underpins its position as a leading law firm for complex, cross-border financial transactions. The firm's particular strength lies in its ability to assemble cross-sector and cross-company teams that are tailored to the needs of each client. The transaction was led by counsels Constantin Alfes and Andrey Latyshev (Frankfurt am Main), and included finance, real estate and tax advisors from BCLP’s Frankfurt, London and Paris offices.

Dr. Thomas Prüm, BCLP Frankfurt partner and head of the Frankfurt transaction team, commented: "Cross-border financings are always a challenge for all parties involved. The result-driven and finally successful structuring of a transaction across different jurisdictions can only be mastered with a well-coordinated team that is used to bringing together the specialist areas involved and the various legal frameworks into a cohesive team. This is exactly where we see our strength and we are very pleased to have once more earned the trust of Deutsche Hypo - NORD/LB Real Estate Finance."

Georg König, Client Relationship Manager Real Estate Investment Banking at Deutsche Hypo - NORD/LB Real Estate Finance explains: "Cross-border projects are becoming increasingly important, especially in times when transactions are scarce in local markets. It is therefore all the more gratifying that internationally active companies such as GLP Capital Partners regularly call on the support and expertise of Deutsche Hypo - NORD/LB Real Estate Finance., We are happy to have BCLP as a partner at our side who understands both our needs as a client and the details of our business meticulously, and at the same time knows how to take our clients' requirements into account in an outstanding manner. This kind of relationship guarantees the best possible outcome for all parties involved."