May 17, 2011 – Global law firm Mayer Brown LLP advised two investment vehicles run by Arminius Funds Management S.à r.l. ("Arminius"), as existing junior lenders on their acquisition, as part of a loan restructuring, the controlling-majority stake in various SPVs. These hold 28 primarily commercial properties with a market value of approximately 1 billion Euro. The seller is Eurocastle Investment Limited.
Arminius will be committing additional funds for capital expenditures and tenant improvements to stabilize the portfolio over the next years. Arminius manages closed-end real estate funds focused on investments exclusively in Germany. Encompassing both direct real estate and real estate debt, the firm currently has 2 billion Euro of assets under management.
The Mayer Brown team working on the deal included Frank David Endebrock (Lead, Real Estate, Frankfurt), Dirk-Peter Flor (Lead, Real Estate Finance, Frankfurt), Nigel White (Finance, London), Dr. Jürgen Streng (Real Estate, Cologne), Jens Peter Schmidt (Antitrust, Brussels); Associates: Elmar Günther, Florian Witzemann (both Real Estate, Frankfurt), Andrea Stratmann (Real Estate, Cologne), Amandeep Kharaud, Julie-Ann Mohan, Danuta Rychlicka (all Solicitors, Finance, London).
Inhouse: Arminius Kapitalgesellschaft mbH (Oliver Platt, General Counsel)
Tax advice Kucera Rechtsanwälte (Darmstadt): Rolf Krauss (tax advice and transaction structure), Associates: Isabel Tannenberg (Tax); Björn Meuer (Corporate)
In Luxemburg: SJL Sedlo Jimenez Lunz: Partner Adrian Sedlo, Associate Quentin Hubeau