Linklaters advises Cerberus on financing of Optimum RE Spain takeover
Linklaters acted for Cerberus Capital Management on the financing of the acquisition of a 99.42 per cent stake in Spain-based real estate investment trust Optimum RE Spain via a public takeover offer.
Optimum Re Spain has a portfolio of 16 residential buildings in Barcelona, which are made available for rent.
The deal was valued at around €70 million.
The Linklaters team included Francisco Sainz-Trápaga (pictured) and David Suárez.