Leading independent Luxembourg firm VANDENBULKE, alongside German law firm Hengeler Mueller, advised Bank of America Merrill Lynch on the senior financing for the acquisition (undisclosed amount) by Ares Management, L.P. of a portfolio of seven office properties located in major cities in Germany, the Netherlands, Austria and Finland, comprising 159,000 square meters.
This diversified portfolio includes assets located in four of the “Big Seven” German office markets (Frankfurt, Munich, Dusseldorf and Hamburg) as well as in Vienna, Rotterdam and Helsinki and marks the fifth pan-European portfolio acquisition for the Ares Real Estate Group in recent years.