GSK Stockmann advises Redevco on financing of logistics projects for Invesco Real Estate and Propel Industrial

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GSK Stockmann advises Redevco on financing of logistics projects for Invesco Real Estate and Propel Industrial

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GSK Stockmann has provided comprehensive legal advice to Redevco on the financing of two logistics developments near Frankfurt and Karlsruhe, addressing both German and Luxembourg law aspects.

GSK Stockmann has provided comprehensive legal advice to Redevco on the financing of two logistics developments near Frankfurt and Karlsruhe, addressing both German and Luxembourg law aspects.

Redevco has extended a EUR 67 million loan to support the acquisition and development of the projects, which are being undertaken by a joint venture between Invesco Real Estate and Propel Industrial. Together, the projects comprise approximately 63,000 m² of logistics space.

The transaction represents the second investment of Redevco’s real estate credit platform, launched in early 2025 to deploy balance sheet and co-investment partner capital across senior, whole-loan and mezzanine strategies in key European markets and asset classes.

GSK Stockmann’s multidisciplinary team advised Redevco on all legal aspects of the financing.

In the UK, Redevco was advised by Stephenson Harwood LLP.

Advisors of Redevco at GSK Stockmann:

Dr Alma Franke (lead, Finance), Dr Mechtild-Maria Siebke (Finance), Andreas Heinzmann (Finance), Dominik Berka (Tax), Marcel Buss (Finance), Hawa Mahamoud (Finance), Eva Jean (Finance)

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