Krogerus advises Commerzbank on a transaction related to the sale of two commercial real estate portfolios with total face value of EUR 2.9 billion

Krogerus advised Commerzbank AG on the Finnish law aspects of the sale of its European loan portfolio totalling EUR 2.2 billion to investment bank J.P. Morgan and private-equity firm Lone Star.

Commerzbank also sold a German portfolio of non-performing loans with a face value of EUR 700 million to investor Oaktree.

Päivi Toivari led the Krogerus team. She was primarily assisted by senior associate Thomas Kolster and associates Jenna Kiiskinen, Miikka Keränen and Pia Laaksonen.