BERLIN – Sept. 5, 2016 – Greenberg Traurig Germany advised OVG Real Estate on the acquisition of an office building development in Berlin’s Friedrichshain district. The company acquired the development project as part of a share deal. OVG Real Estate will build a 140-meter-high office tower on the 3,700 square meter property. Freo Group is a joint venture partner in the project.
According to current plans, the building will be completed in 2020. The so-called "East Side Tower” will be built next to the Mercedes-Benz-Arena concert hall.
Greenberg Traurig Germany comprehensively advised OVG Real Estate on the purchase of the shares. Moreover, the attorneys have supported the company in completing their joint venture agreement with Freo Group as well as with neighborhood agreements.
Background:
OVG Real Estate is a Dutch real estate developer and investor, which specializes in the development of high tech office buildings with a high sustainability value.
Greenberg Traurig Germany advised OVG Real Estate for the first time.
Legal Advisors:
Shareholders: Dr. Florian Rösch (Lead Attorney, Real Estate M&A), Dr. Christian Schede (Real Estate M&A), Claudia Hard (Finance)
Associates: Silke Köhler (Real Estate M&A), Alexandra Parascho (Real Estate M&A), Dr. Alexandru Petrescu (Finance), Dr. Philipp Osteroth (Corporate M&A)