LONDON – 23 Jan. 2023 – Lawyers from global law firm Greenberg Traurig, LLP acted for Deutsche Pfandbriefbank AG on the £30,871,500 financing of the Langstone Technology Park, Havant. The park is a 40-acre business hub on the south coast of England comprising 480,000 sq. ft. of flexible workspace suitable for office, research and development, data centre, distribution, and manufacturing. The financing will in part fund the ongoing development and expansion of the facilities at the park. AIMCo and XLB Property acquired the site in 2020 from Angelo Gordon and Trinity IM. Brotherton Real Estate were advisers to the borrower.
The Greenberg Traurig team was led by Real Estate Finance Shareholder Daniyal Ansari, assisted by Real Estate Finance Senior Associate Thomas Keenan and Finance Associate Suraj Padhiar. On Tax matters, the team was led by Shareholder Ben Eaton, assisted by Tax Associate Kathryn Jones. On Real Estate and Construction Law matters, the team was led by Real Estate Shareholder Carol Hopper and Construction Law Of Counsel Kate Kirby, assisted by Real Estate Senior Associate Dominic Provis, and Construction Law Associate Kyle Sethi.