Fried Frank represented Cording Real Estate group, a German, UK and Benelux real estate investment and asset management firm with €2.3 billion management mandates and 80 employees, on its sale to Edmond de Rothchild.
Founded in 1953, Edmond de Rothschild group is an independent financial group focused on asset management and private banking with CHF 166 billion of assets under management and 2,700 employees spread across 30 countries. According to the transaction structure, Cording will be combined with the Rothschild affiliate OROX and will manage a portfolio of €7.8 billion assets comprising a total of 11 offices in the UK, Germany, the Netherlands, France and Switzerland.
The Fried Frank team included corporate partner Jürgen van Kann (Picture), corporate special counsel Simon Saitowitz; corporate senior associate Dr. Peter Breschendorf and tax partner Nick Thornton
Involved fees earner: Juergen van Kann – Fried Frank Harris Shriver & Jacobson; Simon Saitowitz – Fried Frank Harris Shriver & Jacobson; Peter Breschendorf – Fried Frank Harris Shriver & Jacobson; Nick Thornton – Fried Frank Harris Shriver & Jacobson;
Law Firms: Fried Frank Harris Shriver & Jacobson;
Clients: Cording Real Estate Group LLP;