CMS advises shareholders M.M.Warburg & CO and LKH on sale of Warburg Hypothekenbank to MünchenerHyp

Frankfurt/Main – The shareholders of M.M.Warburg & CO Hypothekenbank AG, namely M.M.Warburg & CO (AG & Co.) KGaA (60%) and Landeskrankenhilfe V.V.a.G. (40%), have sold all their shares in Warburg Hypothekenbank to Münchener Hypothekenbank eG. M.M.Warburg & CO intends to focus on its core business segments of Private Banking, Corporate & Investment Banking, and Asset Management going forward. The bank will continue to handle real estate project financing by expanding its debt funds for institutional investors. Details of the sale were not disclosed. The transaction is currently awaiting approval from the relevant authorities and the consent of MünchenerHyp’s Delegates Meeting.

A CMS team headed by lead partners Dr Hilke Herchen and Dr Hendrik Hirsch advised the shareholders of Warburg Hypothekenbank on all legal aspects of the sales transaction.

Warburg Hypothekenbank offers its clients commercial real estate financing, with a focus on residential, office and retail properties in Germany. The total assets of Warburg Hypothekenbank amounted to around EUR 1.8 billion as at 30 June 2022.

CMS Germany

Dr Hendrik Hirsch, Lead Partner, Frankfurt/Main
Dr Hilke Herchen, Lead Partner, Hamburg
Dr Richard Mayer-Uellner, Partner, Cologne
Dr Frederike Volkmann, Counsel, Hamburg
Dr Berrit Roth-Mingram, Senior Associate, Frankfurt/Main
Dr Maximilian Stark, Associate, Frankfurt/Main
Christina Lorf, Associate, Hamburg, all Corporate/M&A
Dr Joachim Kaetzler, Partner, Frankfurt/Main
Philipp Melzer, Partner, Frankfurt/Main
Dr Thomas de la Motte, Partner, Hamburg
Dr Markus Pfaff, Partner, Frankfurt/Main
Moritz Gerstmayr, Counsel, Frankfurt/Main
Hatice Akyel, Senior Associate, Frankfurt/Main
Thomas Schaak, Senior Associate, Frankfurt/Main, all Banking, Finance & Insurance
Philipp Lotze, Partner, Hamburg
Dr Reemt Matthiesen, Partner, Munich
Theresa Lenger, Senior Associate, Hamburg
Dr Felix Glocker, Associate, Munich, all Technology, Media & Communications
Dr Olaf Thießen, Principal Counsel, Hamburg, Tax
Stefan Lehr, Partner, Frankfurt/Main, Competition & EU
Dr Tobias Polloczek, Partner, Frankfurt/Main
Maren Hoffmann, Senior Associate, Frankfurt/Main, both Labor, Employment & Pensions

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