Ashurst advises Peach Property Group on key refinancing transactions totalling EUR 530 million to strengthen its capital structure

Ashurst has comprehensively advised Peach Property Group on two significant financing transactions. First, Ashurst advised Peach Property Group AG and its subsidiaries on a mortgage-backed credit facility in the amount of EUR 120 million. Second, Ashurst advised Peach Property Management GmbH & Co. KG, a subsidiary of Peach Property Group AG, on securing a long-term secured financing of EUR 410 million from Castlelake. The new Castlelake financing also includes an additional EUR 30 million facility for capital expenditure measures.

The transactions represent key milestones in Peach Property Group’s strategic repositioning and the planned transformation of its balance sheet through 2025, while strengthening the Group’s long-term funding base.

The Ashurst team comprised Derk Opitz (Partner), Alisa Schaub (Associate), Kerstin Hartmann (Transaction Counsel) and Angela Sieling (Transaction Lawyer, all Finance, Frankfurt). They were supported by Tino Duttiné (Partner) and Miriam Staatz (Counsel, both Tax, Frankfurt).