A team led by Klaus Weinand-Härer, Tax Advisor and Partner at Heuking Kühn Lüer Wojtek, advised LOANCOS Group on the acquisition of VR-IMMOBILIEN-LEASING (VRIL), a subsidiary of VR-LEASING Aktiengesellschaft. Schalast & Partner and a team led by partner Alexander Gebhard advised on financial regulatory issues. LOANCOS Group intends to use the acquisition to expand its services for the banking industry to include the servicing of long-term asset leasing structures in commercial real estate leasing.
For almost 20 years, LOANCOS Group and its companies have supported credit institutions, insurance companies, and investors in the banking industry in the management of loan portfolios. In recent years, LOANCOS Group has been able to consolidate various loan service companies under one roof. Jointly, they are forming the largest independent specialist service provider for the comprehensive servicing of unsecured receivables and financial products secured by real estate in Germany.
The core business of Eschborn-based VRIL is the servicing of leasing transactions for larger commercial properties that are used by medium-sized companies and loan-financed by banks. The portfolio volume under management amounts to approx. EUR 600 million. In individual cases, the portfolio also includes rail vehicles and ships.
Counsel to Loancos GmbH
Heuking Kühn Lüer Wojtek:
Klaus Weinand-Härer (Lead, Tax),
Dr. Christoph Gringel (Banking Supervision Law, Banking & Finance),
Dr. Christoph F. Wetzler (Corporate, M&A),
Dr. Till Naruisch, LL.M. (Corporate, M&A),
Irene Braunagel (Banking & Finance),
Yvonne Hundsdörfer (Tax),
Andreas Wiencke (Banking Supervision Law, Banking & Finance), all Frankfurt
Schalast & Partner:
Alexander Gebhard, LL.M. (Banking Supervision Law, Lead),
Oskar Becker (Banking Supervision Law),
Enno Zipse (Banking & Finance), all Frankfurt