Schoenherr has advised Sunrise Real Estate and Ares Management on a refinancing deal with Blackstone and Apollo Global Management for a European logistics portfolio valued at approximately EUR 1.5 billion. Eversheds Sutherland advised the lenders. A&O Shearman reportedly advised Sunrise Real Estate and Ares Management as well.
Sunrise Real Estate is a real estate investment management company headquartered in London. Ares Management Corporation is an alternative investment manager operating in the credit, private equity, and real estate markets.
Blackstone is an American alternative investment management company based in New York City. Apollo Global Management is an American asset management firm that primarily invests in alternative assets.
According to Schoenherr, "the portfolio consists of 33 assets totaling 1.2 million square meters, spread across the UK, France, Germany, the Netherlands, Spain, and Poland. The refinancing is a critical step in leveraging logistics assets across Europe amid high demand in the sector."
The Schoenherr team included Partner Katarzyna Sulimierska, Senior Attorney at Law Adam Nowosielski, Attorneys at Law Ewelina Adamczyk and Karolina Samocik, and Associate Roza Szatan.
The Eversheds Sutherland team included Partners Michal Smolny and Mateusz Dereszynski, Of Counsel Adrian Ziolkowski, Counsel Grzegorz Barszcz, Senior Associate Ewelina Gromelska, Lawyer Rafal Piasecki, and Paralegal Jakub Domagala.
