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March 14, 2019
SNP SCHLAWIEN PROVIDES ADVICE TO VERSORGUNGSWERK ON THE PURCHASE OF 428 RESIDENTIAL UNITS IN BERLIN

The commercial law firm SNP Schlawien Partnerschaft mbB assisted the Versorgungswerk der Landesärztekammer Hessen (Institution for Pensions and Related Benefits of the Regional Medical Association of Hesse) in the acquisition of a residential property portfolio in Berlin Charlottenburg by way of a forward deal. The consulting encompassed particularly the support in drafting and negotiating contracts.

The seller of the residential property portfolio 'Am Schlosspark' with a residential space of about 37,000 square meters and consisting of ten houses with 428 residential units in an exclusive area of Charlottenburg is a joint venture of the two companies Casada GmbH and Otto Wulff Projektentwicklung GmbH. The real estate broker firm Engel & Völkers Commercial acted as intermediary. A total of 14 residential buildings with 580 units will be built. The first two buildings have been under construction since summer 2018. All the buildings are planned to be completed in several construction stages until 2023.

Advisor Versorgungswerk der Landesärztekammer Hessen
SNP Schlawien Partnerschaft mbB, Frankfurt: Laurin Bludau (Real Estate)

Advisor Joint-Venture Casada GmbH und Otto Wulff Projektentwicklung GmbH
Hogan Lovells, Hamburg: Dr. Norbert Heier (Real Estate)


Media contact for this transaction

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Laurin Bludau
Attorney and Notary
Telephone: +49 69 610908-65
Email: laurin.bludau@snp-online.de