BF.real estate finance GmbH, a specialist in real estate project financing, has successfully advised Globe Trade Center S.A. (GTC) on one of Germany’s largest real estate transactions of 2024. GTC Paula S.A.R.L., a wholly owned subsidiary of GTC, acquired a majority interest in a residential portfolio of 5,200 units from Peach Property Group AG. The transaction, structured as a share deal, totaled €448 million. The acquisition was financed through a comprehensive debt package, including €185 million in bank loans, a €190 million senior secured loan from two debt funds, and the issuance of nearly €42 million in participating notes. BF.real estate finance provided advisory services, overseeing financial analysis of the portfolio and coordinating the financing with multiple banking institutions. As part of the financing structure, subsidized loans from the KfW development bank were also incorporated into the overall package. The GTC Group, a Warsaw-based real estate investor and developer specializing in Central, Eastern, and Southern Europe, has now made its entry into the German real estate market with this acquisition. Known for its focus on Poland, Hungary, and major regional capitals, GTC plans further acquisitions in Germany in collaboration with BF.real estate finance. “We’ve observed growing interest from foreign investors positioning themselves in the German market,” said Fabio Carrozza, Managing Director of BF.real estate finance. “In our view, real estate prices in certain segments have stabilized, creating attractive opportunities for investors like GTC. This acquisition marks a significant milestone for their portfolio expansion.” Zsolt Farkas, Chief Strategy Officer of GTC, highlighted the strategic importance of the acquisition. “The purchase of the Peach Property portfolio has enabled us to enter Germany’s residential real estate market while further diversifying our portfolio. BF.real estate finance has been an invaluable partner, providing local expertise and market knowledge. We look forward to continuing our collaboration on future projects.” The successful completion of this transaction underscores BF.real estate finance’s role as a trusted advisor for international investors entering the German real estate market. With additional acquisitions in the pipeline, the partnership between GTC and BF.real estate finance is set to expand further, supporting strategic growth and investment in Germany’s residential sector.