IFLR1000

Vestas €318 million acquisition of Allianz Campus Berlin

20/7/2017
Private acquisition
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€ 318 million

$ 376 million

Announced

20/7/2017

Overview:

  • South Korea’s Vestas Investment Management has acquired Allianz Campus Berlin for €318 million.
  • The building, which is still being built, is 60,000 square meters. 
  • The project is being developed by a joint venture owned by Corpus Sireo and FOM Real Estate.

 Katrin Kostadinova - Data analyst

Jurisdictions:

South Korea
Germany
Luxembourg

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Germany

Industry sector:

Real estate

Firms:
Clifford Chance

Party: Vestas Investment Management (Acquirer)

Lawyers: Christian Kremer, Dunja Pralong-Damjanovic, Tobias Schulten

Greenberg Traurig

Party: Berlin Hyp (Lender)

Lawyer: Claudia Hard

Latham & Watkins

Party: CORPUS SIREO Investment Management (Seller)

Lawyer: Henning Schneider

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