Real Estate Finance and Workouts
Our German Real Estate Finance (REF) practice, consisting of German and English law qualified lawyers, is the leading REF practice in Germany.
We act on all aspects of real estate finance, including mortgage loans, both senior and mezzanine origination, loans to be refinanced by German covered bonds (Pfandbriefe), development finance, project and infrastructure finance, real estate structured finance as well as MBS origination and securitisation, portfolio deals, sale and lease-back structures, share and asset deals, loan sales (especially non-performing loans) and investment fund structures.
A further focus of our REF practice is on the restructuring of deals in the real estate sector, in particular CMBS restructurings and workouts. Our integrated team is highly specialised and combines structured finance know-how with an in-depth knowledge of related insolvency issues.
Our REF practice is an integral part of our Alternative Investments Group. As such, we contribute asset expertise and market intelligence in real estate finance for all our clients which invest in alternative asset classes. A particular focus lies on seamlessly combining our finance advice with advice on regulatory, tax and corporate law aspects.
As real estate finance experts, we have experience advising lenders as well as borrowers on both national and cross-border transactions. Our clients include leading Pfandbrief banks, international credit institutions, insurers and pension scheme providers, as well as institutional investors, private equity firms, housing companies, asset management firms, real estate developers and real estate funds. In the field of Alternative Investments, we act for clients including infrastructure funds and private equity funds, asset managers, banks, hedge funds, insurance companies and pension funds, as well as companies and corporate groups whose activities focus on alternative assets.
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News and insights
News: 16 March 2023
Allen & Overy advises Fortescue Future Industries on its joint venture with Tree Energy Solutions to develop the Wilhelmshaven terminal
Allen & Overy has advised Fortescue Future Industries (FFI) on its joint venture with Tree Energy Solutions (TES) to develop the Wilhelmshaven energy import terminal.
News: 02 March 2023
Allen & Overy advises Hamburger Energiewerke on acquisition of Moorburg coal-fired power plant from Vattenfall
The aim is to establish a hydrogen infrastructure at the Moorburg site
News: 01 March 2023
Allen & Overy advises EDF on the acquisition of a photovoltaic project pipeline from MEC Energy
Allen & Overy has advised Électricité de France (EDF), a leading European utility, on the acquisition of 17 photovoltaic projects from MEC Energy GmbH (MEC), the German project developer of the…
Publications: 12 January 2022
Germany: future trends and challenges for the real estate market 2021/2022
In this video, Allen & Overy Partners Jochen Scheel and Christian Hilmes discuss the key trends they have seen develop in the German real estate market including the building investment pressure, the…
Tier 1 Firm for Real Estate Finance
Legal 500 2020
Tier 1 Firm for Real Estate Finance in Germany
Chambers Europe 2019
Tier 2 Firm for Real Estate
Legal 500 2020
The firm enjoys an outstanding reputation for real estate finance.
JUVE Handbook 2018/2019
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Our Real Estate/Real Estate Finance practice in Germany
Alternative Investments Group
Today, alternative investments have become an integral part of institutional investor portfolios. Our Alternative Investments Group pools all the necessary expertise and supports you in your investments on a global scale.