Carsted Rosenberg Advokatfirma Acts for Albulus Advisors Germany on Acquisition of Danish NPL
Carsted Rosenberg advised Albulus Advisors Germany on the acquisition of a Danish real estate NPL portfolio. The purchaser was advised by lead counsel Clifford Chance, Frankfurt and Walder Wyss, Zürich and Carsted Rosenberg, Copenhagen. Albulus Advisors, seated in Frankfurt, invested in distressed real estate loans for UK & European Investments (UKI), London by purchasing a non-performing loan for the Intercontinetal Hotel in Hamburg. The loan was repaid by the sale of the property to Kuehne Immobilia GmbH. Albulus Advisors is to invest up to EUR 100,000,000 in distressed real estate loans for UK & European Investments (UKI), London. Individual loans or smaller loan portfolios ranging from EUR 10,000,000 to EUR 50,000,000 that are secured by commercial real estate in Germany’s metropolitan regions are targeted.