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Greenberg Traurig Germany advises Anglo-Saxon investor group on the sale of a real estate portfolio with approximately 2,500 apartments

Berlin – June 9, 2017 ­– Greenberg Traurig Germany advised an Anglo-Saxon group of investors on the sale of a real estate portfolio to the Erlanger ZBI group. The purchase price was not disclosed.

The altogether approximately 2,500 residential and commercial units cover a rental space of approximately 170,000 square meters. The objects are predominantly located in North Rhine-Westphalia with most of the objects situated in Essen, Düsseldorf and Gelsenkirchen. The custodian of the portfolio, Feondor group, also accompanied the sale.

Greenberg Traurig Germany advised on all real estate law matters regarding the transaction. In addition to the current sale, the firm and Feondor group have been cooperating on real estate transactions for several years.

Legal Advisors:

Partners: Dr. Florian Rösch (Lead Attorney, Real Estate/M&A), Dr. Christoph Enaux (Antitrust Law)

Associates: Martin Dobias, Dr. Alexander Karrenstein (both Real Estate/M&A)

About Greenberg Traurig Germany

Greenberg Traurig is one of the largest transactional law firms, serving clients from 38 locations across the globe. In Germany, more than 50 lawyers provide legal advice predominantly on transactions in the real estate, technology and telecommunications, media and entertainment, and infrastructure sectors.

The law firm is characterized by its integrated approach that combines legal know-how with in-depth industry knowledge. For this reason, the attorneys are regularly recommended by leading legal directories. In 2016, German newspaper Handelsblatt in conjunction with Best Lawyers recognized the team once again in its “Best Lawyers in Germany” ranking.

Greenberg Traurig was founded in the U.S. in 1967. Internationally, 2,000 attorneys in the U.S., Europe, Asia and Latin America offer legal advice to innovative companies.

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About Greenberg Traurig, LLP

Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and is celebrating its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and among the Top 20 on the 2016 Am Law Global 100. Web: Twitter: @GT_Law.