Greenberg Traurig advised Tritax EuroBox, a British investor and asset manager of European logistics real estate, on the purchase of a logistics project development in Bönen in North Rhine-Westphalia, Germany. The seller of the 10.6-hectare site is Dietz Group.
Tritax reported it plans to build a property with a total area of 66,500 square meters on the site of the former Woolworth logistics center. According to Dietz, the property has already been let long-term to a well-known German logistics company. Completion is scheduled for the first quarter of 2023.
Greenberg Traurig comprehensively advised Tritax on all legal aspects of the transaction by way of a share deal.
Background: Greenberg Traurig has advised Tritax on several transactions in the Netherlands. This was the first mandate in Germany.
Tritax reported it plans to build a property with a total area of 66,500 square meters on the site of the former Woolworth logistics center. According to Dietz, the property has already been let long-term to a well-known German logistics company. Completion is scheduled for the first quarter of 2023.
Greenberg Traurig comprehensively advised Tritax on all legal aspects of the transaction by way of a share deal.
Background: Greenberg Traurig has advised Tritax on several transactions in the Netherlands. This was the first mandate in Germany.
About Greenberg Traurig: Greenberg Traurig, LLP (GT) has approximately 2300 attorneys in 40 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. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 4.0 Plus Certified. Web:www.gtlaw.com