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Stibbe advises Deutsche Bank

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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