27 Oct 2025

GSK Stockmann Advises Redevco on €67 Million Financing for Logistics Projects in Germany

"GSK Stockmann has advised Redevco on the financing of two logistics projects near Frankfurt and Karlsruhe, focusing on German and Luxembourg law. The projects, developed by a joint venture of Invesco Real Estate and Propel Industrial, are financed with a €67 million loan from Redevco and encompass approximately 63,000 m² of logistics space. This marks the second investment of Redevco's Real Estate Debt platform, which aims to utilize equity and financing from co-investment partners in key European markets. Redevco was also advised by Stephenson Harwood LLP in the UK."

**Press Release Summary** The law firms involved in the transaction are GSK Stockmann, which advised Redevco, and Stephenson Harwood LLP, which provided counsel to Redevco in the United Kingdom. The transaction pertains to the financing of two logistics projects located near Frankfurt and Karlsruhe, with a total logistics area of approximately 63,000 square meters. The projects are being developed by a joint venture between Invesco Real Estate and Propel Industrial, and are financed through a loan of 67 million euros provided by Redevco. This marks the second investment of Redevco's Real Estate Debt platform, which was launched in early 2025, aimed at utilizing equity and financing from co-investment partners through various types of loans in key European markets and asset classes. The legal team at GSK Stockmann that assisted Redevco includes: - Dr. Alma Franke (Lead, Financing) - Dr. Mechtild-Maria Siebke (Financing) - Andreas Heinzmann (Financing) - Dominik Berka (Tax Law) - Marcel Buss (Financing) - Hawa Mahamoud (Financing) - Eva Jean (Financing) Stephenson Harwood LLP also provided legal support to Redevco in the United Kingdom, although specific lawyers from that firm were not mentioned in the press release.
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