News and developments
GSK Stockmann advises DLE Logistics on the financing of a EUR 100 million logistics real estate portfolio by LBBW
DLE’s logistics fund has received EUR 100 million in financing from Landesbank Baden-Württemberg (LBBW) for a logistics real estate portfolio containing properties located across Germany. The portfolio has an occupancy rate of almost 100%. The loan has a five-year term.
A GSK Stockmann team led by Rebecca Comtesse on the German side and Andreas Heinzmann on the Luxembourg side provided comprehensive legal advice on the financing. Petra Eckl and Jennifer Bierly acted as lead advisers for tax and corporate law issues, respectively, in connection with the transaction.
This financing advice is just one element of the comprehensive transaction advice GSK Stockmann is providing to support the growth of DLE’s logistics portfolio, which also includes, in particular, advice on the acquisition of real estate covering aspects of real estate, tax, corporate and public law.
Advisers of DLE Logistics GmbH:
GSK Stockmann:
Finance: Rebecca Comtesse (lead), Stefan Koser, Andreas Heinzmann (Luxembourg lead); associates: Marie Bogutzki, Louisa Suhr, Marcel Buss; Luxembourg: Katharina Schramm, Aurélie Brenneke, Corinna Schumacher, Marina Daniel
Corporate: Jennifer Bierly (lead), associates: Jerome Bessling, Yannick Stahl
Tax: Petra Eckl (lead), Felix Schill, Dominik Berka, Marc Nostitz, Katharina Schiffmann (Luxembourg)
Real Estate: Jan Kehrberg (lead), Thomas Grund, Philip Huperz, associates: Frederike Rauhut
Public: Frank-Florian Seifert (lead), associates: Nelly Traxler
14. April 2023