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Stibbe advises Deutsche Bank

Stibbe advises Deutsche Bank

15.04.2016 NL law

Stibbe acted as counsel to Deutsche Bank as lender on the acquisition by MCAP Global Finance ("MCAP"), a London subsidiary of New York-based Marathon Asset Management, of a 19-property portfolio (the "Phoenix" portfolio) from a Dutch fund managed by Bouwinvest Real Estate Investment Management.

Furthermore, Stibbe acted as counsel to Deutsche Bank as lender on the acquisition by MCAP of a 14-property portfolio (the "Maxima" portfolio) from Credit Suisse. Credit Suisse sold the assets on behalf of two of its open-ended property funds, CS Euroreal and CS Property Dynamic.

Marathon Asset Management is a global credit manager with approximately USD 13 billion of capital under management opportunistically investing in the global credit markets.

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