US firm Goodwin Procter is setting up shop in Frankfurt, establishing a real estate capital markets platform with four of Ashurst’s six Frankfurt real estate partners.
The launch is Goodwin’s second launch in Europe, after opening in London in 2008.
Partners Stephan Kock, Peter Junghänel, Marc Bohne and Lars Jessen have all resigned from Ashurst but have no set start date. They will join the office following completion of their notice periods.
Kock led Ashurst’s German international finance department for eight years and focuses on real estate finance and leveraged finance while Junghänel served as managing partner of Ashurst’s German offices from 2009 to 2013 and specialises in acquisitions and sales of real estate properties.
Bohne focuses on acquisitions and sales of real estate properties and Jessen advises on private equity, real estate and M&A.
The team exit leaves 12 partners in Ashurst’s Frankfurt office, with only two partners left who advise on real estate; Liane Muschter and Derk Opitz.
David Evans, chair of Goodwin’s London office said: ‘As we deepen and broaden our London real estate capital markets and private equity practices, it is important that we continue to meet our clients’ European needs.’
