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Greenberg Traurig advises Phoenix Spree on refinancing through NATIXIS Pfandbriefbank

Berlin, October 7, 2019 – Greenberg Traurig advised Phoenix Spree Deutschland Limited (Phoenix Spree) on a refinancing by NATIXIS Pfandbriefbank AG. Phoenix Spree, an investment company listed in London with a focus on the Berlin real estate market, is using the loan to refinance and redeem existing bank liabilities and to finance the acquisition of further residential and business units in the future.

Greenberg Traurig advised Phoenix Spree comprehensively on all legal aspects of refinancing the portfolio of approx. 1,500 apartments in and around Berlin. Greenberg Traurig’s German and London offices were involved in the transaction.

Background: Greenberg Traurig provided legal support to Phoenix Spree for the first time. The team won the mandate in a competitive pitch process.

About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has approximately 2,100 attorneys in 41 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. Web: Twitter: @GT_Law.