Freshfields Bruckhaus Deringer and Mayer Brown Rowe & Maw have bagged lead roles on a €3.6bn (£2.5bn) sale of real estate loans to US private equity firm Lone Star.

The groundbreaking deal sees the German mortgage lender Hypo Real Estate (HRE) dispose of a portfolio comprising of 4,200 loans to 1,700 clients.

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