Ogier in Guernsey advise Catalyst European Property Fund (CEPF) on German retail acquisitions

Ogier in Guernsey, with lead lawyers Eversheds, have acted for Catalyst Capital, a European investment and asset management company, on its recent acquisition of a portfolio comprising 30 retail properties in Germany, with an aggregate floor space of approximately 125,000 square metres.  Valued at more than €150 million, the transaction consisted of a combination of share and asset deals.  Ogier in Guernsey also advised on the relevant aspects of the financing arrangements.  The main lender and Lead Arranger is pbb Deutsche Pfandbriefbank AG, with the Austrian Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft (BAWAG P.S.K.) providing additional debt.

Catalyst Capital is a European investment and asset management firm with offices in the UK, France, Germany and Poland.  Established in 1996, Catalyst Capital structures, purchases, develops and manages a significant portfolio of retail, office and industrial real estate in Europe.

The Ogier team, who worked with Eversheds on the transaction, was led by Ogier partner Caroline Chan, assisted by managing associate, Andy Lowe, senior associates Ann Halliday, James Cooke and associate, Oisin McLoughlin.