Simmons & Simmons advises TenFifty Capital on Zebrabox financing

Simmons & Simmons has advised TenFifty Capital on the financing of Zebrabox - a real estate joint venture between PGIM and Pithos.

International law firm Simmons & Simmons has advised TenFifty Capital on the financing of Zebrabox - a real estate joint venture between PGIM and Pithos for the installation of self-storage assets in the Spanish market.

The cross-border Simmons & Simmons team advising TenFifty Capital was led by a team in Spain, with assistance from the UK and Luxembourg.

The team in Spain consisted of corporate & commercial Partner and Head of Real Estate in Spain Alfonso Fernández Puebla, Counsels Ángel Maestro and Ignacio González and Associate Pablo García-Foncillas.

They were assisted by financial markets Partner Kamal Arulvel and Managing Associate Alessandro Rossi in London for English aspects and in Luxembourg by financial markets partner and country head Louis-Maël Cogis.

Commenting on the transaction, Ángel Maestro said: 'We are deeply grateful for the trust that TenFifty Capital has placed in Simmons & Simmons for its first transaction in Spain. This represents, without doubt, a significant first step in our country for TenFifty Capital's exciting project.'