GSK Stockmann advised Pembroke on the deal.
Pembroke, the international real estate advisor specialising in mixed-use and office environments in the world’s leading cities, announced the refinancing of the Maximilianhöfe in downtown Munich.
Comprising over 20,000 sqm of world-class mixed-use space, Maximilianh?fe is one of Munich’s prime luxury retail destinations and is an integral part of the city’s vibrant retail, leisure, and cultural offer. Located on Maximillianstrasse, Munich’s exclusive luxury retail street, the building is fully let and home to a range of international office occupiers, leading luxury brands and dining offerings, alongside 80 underground car parking spaces.
For the refinancing, pbb Deutsche Pfandbriefbank and Landesbank Baden-Württemberg (LBBW) jointly provided long-term financing totalling 300 million euros. Pbb and LBBW acted as joint lead arrangers and provided equal shares of the financing, with pbb acting as facility and security agent for the transaction.
The GSK Stockmann team included Alma Franke (Picture – lead), Mechtild-Maria Siebke; Associates: Marie Bogutzki, Julius Groth (all Finance); Volker Hofstetter, Olaf Jacobsen; Associates: Theresa Jakob, Simon Rieger, Duc Hieu Le, Vanessa Lampe, Annika Hamrol, Eda Ceren Öz (all Real Estate).
Involved fees earner: Marie Bogutzki – Gsk Stockmann; Alma Franke – Gsk Stockmann; Julius Groth – Gsk Stockmann; Annika Hamrol – Gsk Stockmann; Volker Hofstetter – Gsk Stockmann; Olaf Jacobsen – Gsk Stockmann; Theresa Jakob – Gsk Stockmann; Vanessa Lampe – Gsk Stockmann; Duc Le – Gsk Stockmann; Eda Ceren Öz – Gsk Stockmann; Simon Rieger – Gsk Stockmann; Mechtild-Maria Siebke – Gsk Stockmann;
Law Firms: Gsk Stockmann;
Clients: Pembroke Real Estate Inc.;