International law firm Bird & Bird has advised Deutsche Pfandbriefbank AG (pbb) on the long-term re-financing of a logistics centre in Duisburg for US real estate company Hillwood.
Pbb is a leading European specialist bank for commercial real estate financing and had already financed the construction of the logistics centre. The loan is in the mid double-digit million range.
Hillwood is one of the world's leading companies in the commercial property sector with 30 years of investment experience in Europe and North America and has a special focus on the development and management of commercial and industry spaces.
The logistics centre is located in the developed industrial area of Duisburg-Hochfeld, it will be used for production, warehousing and commerce purposes. The site has a total rental area of approx. 28,200 square meters.
Pbb was advised by the following Bird & Bird lawyers: Partner Sebastian Bergenthal, LL.M. (lead) and associates Jonathan Stoldt and Simon Schulz (all Finance & Financial Regulation, Frankfurt).