BF.direkt AG supports real-estate financing deals totalling around €180m in Q2 2017
International real estate consultancy firm Cushman & Wakefield (C&W) are to cooperate in future with BF.direkt AG in all aspects of real estate financing. The "Financial Solutions" consultancy service is being rolled-out and expanded within the Corporate Finance division and centres on loan brokerage, the restructuring of existing loans and financial products associated with real estate, such as CMBS’s.
The team is based in C&W’s German head office in Frankfurt, and, under the direction of Philipp Ritz, who will join on 1 June, they can now additionally bring to bear the expertise of around 20 financial experts from BF.direkt in Stuttgart and Berlin.
"Professional financial consulting, be it for the procurement of credit or the restructuring of existing loans, speeds up the transactional process", explained Frank Nickel, Managing Partner of Cushman & Wakefield in Germany, who continued: "In particular when transactional and financial consulting both come from the same source, the purchasing process is smoother and faster, and loan packages are easier to put together. For this you need experts with the best contacts and a lot of experience." C&W’s new financing partner has both these attributes. "Our clients benefit from our many connections with high street, specialist and private banks, with capital market service providers, insurance companies, specialist funds and investment companies for borrowed capital, mezzanine capital and equity capital“, explained Francesco Fedele, CEO of BF.direkt AG. "We are mediators between buyers, sellers, banks and mezzanine or equity capital partners, and we ensure the transparent provision of information as well as the monitoring of credit-related key financial figures".
Nickel and Fedele are convinced that the combination of the two consultancy disciplines is a USP enabling all parties involved in a deal to excel: Loan matters can be dealt with professionally at the outset and, with the assurance of having already clarified the question of financing, a deal is far less likely to fall through.