Greenberg Traurig advises Peach Property on divestment of residential portfolio

Greenberg Traurig has comprehensively advised Peach Property Group, a real estate investor specializing in German residential properties, on the divestment of a residential portfolio. The transaction involved approximately 5,200 residential units, which were sold to an investor consortium subsidiaries of Globe Trade Center and Luxembourg Finance House.

In addition to the assumption of loan liabilities by the investors, the sale enables Peach Property to generate a significant liquidity inflow of approximately €120 million despite challenging market conditions. These funds are intended to finance investment measures in the core portfolio and to repay financial liabilities, thereby strengthening the company’s capital structure.

Greenberg Traurig advised Group Peach Property comprehensively on all real estate and corporate law aspects of the transaction (which is structured as a share deal) with a team led by partners Wencke Bäsler, and Dr. Christian Schede (both real estate M&A, PICTURED), who worked with partners Dr. Henrik Armah (Corporate/M&A), Dorothee von Einem (employment law) and associates Carlotta Thoben, Su-Yeoun Park (both real estate M&A), Jakob Jürgensen, Dr. Lukas Hackmann (both Corporate/M&A).

The Greenberg Traurig team has been advising Peach Property on real estate transactions since 2021