White & Case Advises aamundo Real Estate Group on Joint Venture with Angelo Gordon
1 min read
Global law firm White & Case LLP has advised Frankfurt-based aamundo Real Estate Group on the establishment of a joint venture with Angelo Gordon, a leading global investment manager for alternative investments.
The aamundo Real Estate Group and Angelo Gordon are establishing an investment platform for value-added real estate in the logistics and light industrial sectors in Germany, Austria and Switzerland. The total investment volume is a minimum of €500 million.
The aamundo Real Estate Group acquires and manages residential and commercial real estate portfolios for institutional investors, family offices and for its own balance sheet in the risk-averse and risk-adjusted segments. The group also includes a fund house for institutional investors.
Angelo Gordon is a globally active alternative investment firm which currently has approximately US$38 billion in assets under management. With a focus on credit and real estate strategies, it has been active in the real estate sector for more than 27 years and for more than 12 years in Europe, with offices in London, Amsterdam, Frankfurt and Milan.
The White & Case team which advised on the transaction included partners Murad Daghles (Düsseldorf), Holger Wolf (Frankfurt) and Florian Ziegler (Frankfurt), local partner Thyl Haßler (Düsseldorf) and associate Behnam Yazdani (Frankfurt).
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