Osborne Clarke advises Banco BPM S.p.A. on a loan for the purchase and restructuring of a real estate complex in Milan

Osborne Clarke and Greenberg Traurig Santa Maria advised, respectively, Banco BPM S.p.A. as mandated lead arranger, original lending bank and agent bank, and Kervis SGR S.p.A, on behalf of the reserved closed-end real estate alternative investment fund Kervis Real Estate Fund II, as beneficiary, in a financing transaction aimed, inter alia, at financing the acquisition and refurbishment of a real estate complex located in Milan for use for residential purposes, consisting of a five-storey building overlooking Via Andrea Maria Ampère and a building overlooking Via Vittorio Betteloni.

Osborne Clarke advised Banco BPM S.p.A. in the negotiation of the transaction and the financial documentation with a multidisciplinary team led by partners Andrea Pinto and Antonio Fugaldi with associate Laura Cipollone, lawyer Sofia Stefani and trainee Francesco Fallara for banking law aspects, and by senior lawyers Federico Milani and Roberto Salis for administrative, urban planning and real estate profiles, respectively.

Greenberg Traurig Santa Maria advised Kervis SGR S.p.A..