DLA Piper Austria has advised FFF Real Estate, a subsidiary of FFF Fund I SCSp SICAV-RAIF, a multi-compartment-regulated Luxembourg fund managed by a Cyprus-based management company, on financing provided to an unnamed residential real estate developer for the acquisition from unnamed sellers and development of an unspecified residential project in Luxembourg.
According to DLA Piper, “the project is located in the second largest agglomeration of the country (30% of the total population of Luxembourg) with developed social infrastructure: public schools, kindergartens, medical clinics, shops, restaurants, etc.”
DLA Piper’s team included Partners Christoph Mager, Xavier Guzman, and Olivier Reisch, Counsel Nicolas Marchland, Senior Associate Ekaterina Larens, Associates Joris Reinert, Fanny Denoel, Mateusz Glowacki, and Michele Buechler.