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Greenberg Traurig advises Union Investment on refinancing of Torre Mayor high-rise in Mexico City

Greenberg Traurig advised Union Investment Real Estate GmbH (Union Investment) in connection with a $175 million refinancing of the striking Torre Mayor skyscraper in Mexico City. Torre Mayor is considered one of the most earthquake-resistant skyscrapers in the world, with a height of 228 meters and 55 floors. The Torre Mayor is owned by a Mexican trust in which Union Investment holds 30 percent for the account of the open-ended real estate fund UniImmo: Global.
 
Greenberg Traurig advised on the loan agreement under U.S. and Mexican law as well as on German investment law with a transatlantic team of lawyers from Berlin, New York City, and Mexico City. 
 

About Greenberg TraurigGreenberg Traurig, LLP has more than 2500 attorneys in 43 locations in the United States, Europe, Latin America, Asia, and the Middle East. The firm reported gross revenue of over $2 Billion for FY 2021 and is consistently among the top firms on the Am Law 100, Am Law Global 100, and NLJ 250. On the debut 2022 Law360 Pulse Leaderboard, it is a Top 15 firm. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab and the Center for Resource Solutions Green-e® Energy program certifies that the firm’s U.S. offices are 100% powered by renewable energy. The firm is often recognized for its focus on philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.