K&L Gates Advises Deutsche Pfandbriefbank AG on Two Financing Transactions Totaling €148 Million

By | May 13, 2026 |

K&L Gates has successfully advised Deutsche Pfandbriefbank AG (pbb) on two significant financing transactions totaling €148 million for Valor Real Estate Partners. The first transaction, worth €113 million, involves a joint venture between Valor and QuadReal Property Group, focusing on a portfolio of nine last-mile logistics assets in Paris and Lyon, strategically located in key logistics hubs. The second transaction, amounting to €35 million, is backed by a joint venture between Valor and RSF Partners, concerning two fully leased logistics assets in northern Paris. Both transactions highlight pbb’s expertise in structuring complex financing deals within the competitive real estate market, particularly emphasizing environmental, social, and governance (ESG) criteria. The K&L Gates team, led by partner Thomas Ehrecke, provided comprehensive advice on financing and real estate matters, reinforcing the firm’s strong relationship with pbb and its commitment to delivering high-impact legal solutions.

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