SNP Schlawien provides advice to QUEST on the acquisition of the Emmler Lofts in Berlin
The commercial law firm SNP Schlawien provided advice to the real estate project development and investment company QUEST Investment Partners in connection with their acquisition of the Emmler Lofts in Berlin-Kreuzberg from the Fortis Group. They agreed not to disclose the volume of the share deal.
Emmler Lofts is the name of an office and business building at Kottbusser Damm 25-26 with some 5,000 m² of office and retail spaces, which is to undergo an architectural repositioning. The main tenant is Woolworth, which opened their first branch store at that location in Berlin already in 1928. Altogether, the occupancy rate of the former factory building is 88%. The seller of the Emmler Lofts is Fortis Real Estate Investment GmbH, which obtained advice from Catella Property GmbH on an exclusive basis.
Advisor QUEST Investment Partners
SNP Schlawien, Munich: Dr. Armin Fary (Corporate/M&A), Sascha Sormann and Lisa Knöll (both Real Estate)
Advisor Fortis Real Estate Investment
Jenckel und Partner, Berlin: Björn Rauber
Media contact for this transaction
Dr. Armin Fary, LL.M. Eur.
Telephone: +49 89 28634-411