Hengeler Mueller advises Deutsche Pfandbriefbank on acquisition of Deutsche Investment Group

Deutsche Pfandbriefbank AG (pbb), a leading European specialist bank for commercial real estate finance, is acquiring a majority stake in Deutsche Investment Group, a real estate investment manager with assets under management in the low single-digit billion euro range. With this acquisition in the investment management sector, the bank aims to strengthen its 'pbb invest' division and diversify its revenue streams.

The transaction is subject to approval by the German Federal Financial Supervisory Authority (BaFin) and the German Federal Cartel Office (BKA).

Hengeler Mueller adviced pbb comprehensively on the transaction.

Hengeler Mueller team for pbb

Corporate/M&A: Frank Burmeister (lead), Johannes Adolff (both partner), Ioanna Tsotsa (senior associate), Philip Falk, Lukas Sengülsen, Laura Esmaty (all Associate, all Frankfurt),

Financial Regulatory: Christian Schmies (partner), Jan Letto Steffen (counsel), Natalie-Dilan Yerlikaya, Katharina Limberger (both associate, all Frankfurt),

Financing: Martin Geiger (partner), Sarah Hankins (associate, both London),

Tax: Sebastian Adam (partner), Samuel Goldmann (associate, both Frankfurt),

Public Law/Regulatory: Michael Schramm (partner), Anouk Ludwig (associate, both Düsseldorf),

IP/IT: Matthias Rothkopf (partner), Nina Mackenstedt (associate, both Düsseldorf),

Antitrust: Christian Dankerl (counsel, Brussels).