Global law firm White & Case LLP has advised LFH Portfolio Acquico SARL on the acquisition of a real estate portfolio comprising approximately 5,200 residential units in Germany from Peach Property Group AG and the partial resale and re-investment into Globe Trade Centre S.A.
LFH Portfolio Acquico, a subsidiary of Luxembourg Finance House S.A., is expected to complete the transaction in December 2024. The purchase price is not being disclosed.
Peach Property Group, listed on the SIX Swiss Exchange, is a real estate investor focussed on rental apartments in Germany. Globe Trade Centre is a listed Polish real estate company based in Warsaw.
The White & Case team which advised on the transaction was co-led by partners Andreas Lischka and Gernot Wagner (both Frankfurt) and included partners Bodo Bender and Rebecca Emory (both Frankfurt), local partners Mathis Rust (Duesseldorf), Alisa Preissler and Markus Fischer (both Frankfurt), counsel Joachim Schmidt (Frankfurt) and associates Markus Stelzig, Alexandre Maturana, Jan Ditrich, Leon Hoffeller, Jan-Christoph Wilhelms, Angela Fleck and Lina Fiedler (all Frankfurt).
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Read the orginal article: https://www.whitecase.com/news/press-release/white-case-advises-lfh-portfolio-acquico-on-major-real-estate-acquisition-peach