The financing was secured through a syndicate of lenders, including Banque Internationale à Luxembourg (BIL Corporate Finance), Caisse d’Épargne et de Prévoyance Hauts de France, Belfius Banque SA/NV, Banque et Caisse d’Épargne de l’État, Luxembourg, and KBC Bank N.V/S.A.

Andreas Hommel, lead partner, comments: “This project is not only a significant development in Luxembourg’s capital, but also sends a powerful message about the importance of sustainable and environmentally responsible investments. We are delighted to have played a role in this transaction and would like to thank our client for their trust and collaboration.”

The cross-border team was led from Luxembourg by real estate finance partner Andreas Hommel, counsel Sandy Mammola-Fémelat and associate Philippe Storck, in collaboration with the A&O Shearman team in Belgium, including partner Filip Tanghe, counsel Julie Vander Donckt as well as associates Polina Vorobyova and Pierre Thuysbaert. Real estate and corporate law support were provided by real estate and corporate counsels Philippe Eicher and Pol Theisen. Tax advice was provided by tax partner Franz Kerger as well as associates Benjamin Dahan and Catherine Elvinger.