image of Joachim Schmidt

Dr Joachim Schmidt

Senior Associate

Joachim advises international and local banks, including German mortgage banks (Pfandbriefbanken), insurance companies and pension funds as well as institutional investors, private equity houses and housing companies on all legal aspects of national and cross-border real estate financings.

This includes mortgage loans and Pfandbrief financings, senior and mezzanine loans, real estate project finance, real estate structured finance, portfolio deals, sale-and-lease-back structures, share deals and asset deals, investment fund finance as well as loan sales (especially, non-performing loans).

A second focus of his practice area are (cross-border) restructurings and work-outs of distressed German real estate financings.

Experience

Representative matters

Landesbank Baden-Württemberg on the EUR 1.1bn financing of the Potsdamer Platz building ensemble in Berlin. A consortium of three globally operating investment banks as mandated lead arrangers on the ca. EUR 3bn acquisition financing of the Dream Portfolio by a global private equity investor.

A consortium of three globally operating investment banks as mandated lead arrangers on the ca. EUR 2.1bn acquisition financing of the OfficeFirst portfolio by a global private equity investor.

Vonovia SE, Germany’s largest residential housing company and DAX listed entity, in connection with several secured financings with Landesbank Baden-Württemberg, pbb Deutsche Pfandbriefbank AG, Commerzbank AG, Berlin Hyp AG, Berliner Sparkasse, Bayerische Landesbank, UniCredit Bank AG, Ärzteversorgung Westfalen-Lippe and Norddeutsche Landesbank in an aggregate amount of more than EUR 3.6bn. A multinational financial institution as arranger of the EUR 186 Mio. financing of 29 ACCOR Hotels in Germany owned by a global private equity investor.

A multinational financial institution as arranger of the EUR 146 Mio. financing of a five star hotel in Berlin owned by a global private equity investor.

Aareal Bank AG as arranger of four separate credit facilities in a total amount of ca. EUR 700 Mio and GBP 70 Mio. for a globally operating logistic investor in respect of several logistic portfolios located in Germany, France, Poland, The Netherlands and United Kingdom.

Société Générale S.A. as arranger of the restatement of a large volume financing into two new senior/mezzanine and one senior financing in the aggregate amount of EUR 815 Mio. in respect of a residential portfolio owned by a global private equity investor.

A group of financial institutions as arrangers in connection with the restructuring of the EUR 320 Mio. financing of an office tower in Frankfurt a.M. owned by a global private equity investor.

CPPIB Credit Investments Inc. as arranger in connection with the restructuring of an EUR 319 Mio. financing for an office building located in Cologne owned by German based institutional investors.

Published Work

  • Schmidt, Joachim (2020) “Die unternehmerische Verantwortung des Aufsichtsrats” (“The Corporate Responsibility of  Supervisory Boards in German Stock Corporations”), Berlin: Duncker & Humblot

Qualifications

Admissions

Rechtsanwalt, Germany 2014

Academic

Dr. jur., University of Bayreuth, 2019

Second German Law Degree, 2013

First German Law Degree, University of Bayreuth, 2011

Languages

English, German
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.