Natixis’ €70 Million Financing of the Acquisition of an Office Building in Munich

DLA Piper has advised NATIXIS Pfandbriefbank AG on providing a EUR70 million senior facility for the financing of the acquisition of an office building in Munich by Goldman Sachs Asset Management.

The office building has a total of approximately 17,225 sqm lettable area. The loan facility is used for the acquisition of the property as well as for the implementation of certain capital expenditures (including ESG measures).

For over 10 years, Natixis S.A., the parent company of NATIXIS Pfandbriefbank AG, has operated in the commercial real estate financing sectors of the most important European markets as well as in the USA. Natixis ranks among the market leaders in Europe in real estate financing and has substantial expertise and knowledge, in addition to long-term experience in structured real estate finance.

The DLA Piper team was led by partner Dr Torsten Pokropp (Picture; Finance & Projects) and included partner Christian Lonquich, associate Julian Jung (both Real Estate) as well as of counsel Martin Heinsius (Tax, all Frankfurt). The team also comprised from the Luxembourg office partner Xavier Guzman and associate Joris Reinert (both Finance & Projects).

In-house the transaction was advised on the legal side by Mark Böhmer and on the market side by Martin Söll.

Involved fees earner: Xavier Guzman – DLA Piper; Martin Heinsius – DLA Piper; Julian Jung – DLA Piper; Christian Lonquich – DLA Piper; Torsten Pokropp – DLA Piper; Joris Reinert – DLA Piper;

Law Firms: DLA Piper;

Clients: Natixis Pfandbriefbank AG ;