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Greenberg Traurig advises EDGE on sale of project development EDGE HafenCity Hamburg

Berlin, August 5, 2019 – Greenberg Traurig has advised EDGE Technologies (EDGE) on the sale of the EDGE HafenCity project development in Hamburg by way of a forward deal to Allianz Real Estate. The parties have agreed to keep the purchase price confidential.

EDGE consistently relies on innovative technologies to develop and operate ecologically sustainable buildings with a high quality of use. The project development in the so called Elbbrückenquartier of the HafenCity is anticipated to be completed by the end of 2021. The 15-story smart office building with a total lettable area of approximately 22,500 square meters will combine a restaurant and café with office space including co-working areas and flexible offices. The 4th, 5th and 6th floors will each have a terrace and the extensive roof greenery will be accessible for users of the building.

Greenberg Traurig advised EDGE comprehensively on all legal aspects of the forward deal.

: Greenberg Traurig has been advising EDGE for several years in the areas of real estate M&A, project development and financing.

About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has approximately 2,100 attorneys in 41 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. Web: Twitter: @GT_Law.