Stibbe acted as counsel to Deutsche Bank as lender on the acquisition by MCAP Global Finance, a London subsidiary of New York-based Marathon Asset Management, of a 19-property portfolio (the "Phoenix" portfolio) from a Dutch fund managed by Bouwinvest Real Estate Investment Management.

Furthermore, Stibbe acted as counsel to Deutsche Bank as lender on the acquisition by MCAP of a 14-property portfolio (the "Maxima" portfolio) from Credit Suisse. Credit Suisse sold the assets on behalf of two of its open-ended property funds, CS Euroreal and CS Property Dynamic. Marathon Asset Management is a global credit manager with approximately USD 13 billion of capital under management opportunistically investing in the global credit markets. Stibbe advised Deutsche Bank on the deal with a team led by Maarten de Bruin (picture), assisted by Rein van Helden, David Meijeren, Ingmar de Groot, Dennis Mollema, Boris Cammelbeeck and Annemarie Drahmann. Involved fees earner: Maarten de Bruin - Stibbe; Rein van Helden - Stibbe; David Meijeren - Stibbe; Ingmar de Groot - Stibbe; Boris Cammelbeeck - Stibbe; Dennis Mollema - Stibbe; Annemarie Drahmann - Stibbe;