July, 2017 - Duesseldorf, Germany
Peach Property Group secures growth financing
With a team led by Frankfurt-based partner Thomas K. Schrell, the business law firm of Heuking Kühn Lüer Wojtek advised a bank consortium led by Kreissparkasse Biberach as arranger on a consortium loan for Peach Property Group of up to EUR 60 million. The group is an investor specializing in portfolio management in Germany, focusing on residential properties. The growth financing serves to supplement the usual mortgage loans in the acquisition of real estate portfolios.