Leipzig – Investment manager Empira has acquired a portfolio consisting of 1,216 residential and commercial units in Berlin and Leipzig. The almost fully let portfolio comprises 74,857 square metres of space and is spread across twelve central locations. In Berlin, these include the inner-city districts of Friedrichshain, Neukölln and Mitte. The details of the transaction were not disclosed.
A CMS team headed by lead partner Dr Jochen Lux again advised Empira on all legal aspects of the deal. Empira is a longstanding CMS client and relies on the firm’s expertise on a regular basis for real estate transactions.
The Empira Group describes itself as a leading investment manager for institutional real estate investments in German-speaking Europe, with total assets under management of nearly EUR 4.1 billion. The company specialises in developing innovative, high-yield investment approaches, offering institutional investors in-house solutions in areas such as property development and land banking. The firm offers real estate debt funds as mezzanine and whole loan products.
CMS Germany
Dr Jochen Lux, Lead Partner
Peter Ollesch, Senior Associate
Stefanie Pech, Associate
Benedikt Pittrof, Associate, all Corporate/M&A
Marc-Christian Kyewski, Partner
Dr Benjamin Schirmer, Counsel
Johannes Bescher, Counsel
Dr Julius Städele, Senior Associate
Dr Felix Stoecker, Senior Associate
Anna Köhler, Associate, all Real Estate & Public
Dr Martin Mohr, Counsel, Tax
Alexander Schmitt, Counsel, Financing
Dr Rolf Hempel, Partner
Martin Cholewa, Counsel, Fusion Control
Press Contact
presse@cms-hs.com
