Mayer Brown advises on facility for Sirius Real Estate

Mayer Brown has completed a transaction for Macquarie Bank Limited, advising on a four-year €28.5m facility for Sirius Real Estate Limited.

Mayer Brown has completed a transaction for Macquarie Bank Limited, advising on a four-year €28.5m facility for Sirius Real Estate Limited. The facility will be used to refinance five assets, three of which are within an existing loan facility, as part of a wider restructuring aimed at leaving the company with a well balanced portfolio of high income-producing assets.

Sirius Real Estate is an AIM-listed company and is the leading operator of branded business parks providing flexible working for the German SME market.

The team was led by London Banking and Finance partner Nigel White and included Corporate partner Jeremy Kenley, Real Estate partner Dr Jörg Lang (Frankfurt), Banking and Finance partner Dirk-Peter Flor (Frankfurt). They were assisted by Banking and Finance senior associate Nanak Keswani and associates Nathan Weaver and Marc Bäumer (Frankfurt) and Real Estate senior associate Elmar Günther (Frankfurt).