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Greenberg Traurig advised NREP on a long-term joint venture with Artisa Group (Artisa), thereby expanding NREP’s real estate strategies to the German market. It was announced that the joint venture plans to deliver 5,000 co-living apartments by 2025.

NREP, a Nordic urban investor, has EUR 18 billion of assets under management across Sweden, Denmark, Finland, Norway, Poland, and now Germany. It has said it is committed to acting as a pioneer within the area of sustainability. Within the next three years, NREP plans to invest around EUR 500 million euros in Germany, the company reported. 

Swiss project developer Artisa realizes and manages real estate investments in the Swiss and European markets. The company specializes in co-living and senior living. 

Greenberg Traurig’s attorneys provided comprehensive advice to NREP on all legal aspects of the transaction.

Background:
Greenberg Traurig advised NREP for the first time and won the mandate in a pitch process.
 

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2500 attorneys in 43 locations in the United States, Europe, Latin America, Asia, and the Middle East. The firm reported gross revenue of over $2 Billion for FY 2021 and is consistently among the top firms on the Am Law 100, Am Law Global 100, and NLJ 250. On the debut 2022 Law360 Pulse Leaderboard, it is a Top 15 firm. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab and the Center for Resource Solutions Green-e® Energy program certifies that the firm’s U.S. offices are 100% powered by renewable energy. The firm is often recognized for its focus on philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.