Next to Berlin’s airport south of the German capital lies one of the few properties that Cevdet Caner and Guenther Walcher have been fighting to keep after losing much of their real estate empire.
Known as Project Walter, the development was acquired with financing from Corestate Capital Holding SA, a real estate lender in which Walcher was a top shareholder. Corestate arranged the debt for the purchase, using money from a fund that one of its subsidiaries advised — even though the fund was contending with redemptions.
