GT Law represents Union Investment in refinancing Torre Mayor building
Greenberg Traurig has represented Union Investment Real Estate GmbH (Union Investment) in a USD $175 million refinancing of the “Torre Mayor” skyscraper in Mexico City.
Torre Mayor is considered one of the most earthquake-resistant skyscrapers in the world, with a height of 228 metres and 55 floors. It is also owned by a Mexican trust in which Union Investment holds 30% on behalf of the open-ended real estate fund UniImmo: Global.
The transaction involved advising on the loan agreement under US and Mexican law as well as German investment law.
GT Law’s team comprised partners Christian Schede and Kati Beckmann, and associate Peter Zingel in the Berlin office; as well as shareholder Stephen L. Rabinowitz in New York; and shareholder Miguel Moisés (pictured left) and associate Paulina García de León (pictured right) in Mexico City.
