King & Spalding enters German market with Frankfurt launch

US firm King & Spalding has launched its fourth office in 12 months with the opening of a base in Frankfurt.

The firm has brought in two new recruits for the launch. Michael Prinz zu Lowenstein joins as a partner from local firm Heuking Kuhn Luer Wojtek, along with Mario Leissner, former general counsel of real estate fund Oppenheim Immobilien-Kapitalanlagegesellschaft.

During the past year the firm has launched offices in Dubai, Frankfurt, London and Riyadh, to add to its five existing US offices.

Head of real estate Scott Arnold said: “A Frankfurt presence extends our platform for providing King & Spalding clients with sophisticated real estate capital markets work throughout Europe, in addition to our capabilities in the US, Latin America and the Middle East.”

The firm is planning to focus on German real estate, taking advantage of the jurisdiction’s booming market.