As announced yesterday, Beteiligungsgesellschaft des Landes Nordrhein-Westfalen and state development bank NRW-Bank sold approx. 92% of shares in LEG Landesentwicklungsgesellschaft Nordrhein-Westfalen GmbH (LEG), valued at EUR 3.5 billion, to Whitehall in a bidding procedure.
A team of Gleiss Lutz lawyers extensively advised Irish bidder Tomkin Group in this procedure. Tomkin Group was among the final three bidders in the auction and had chosen an innovative structure for its offer, which was based on Britain’s successful housing model.
Gleiss Lutz’ team comprised Dr. Christian Cascante and Dr. Fred Wendt (both partners, both lead, corporate/M&A), Dr. Jochen Tyrolt, Dr. Martin Viciano Gofferje, Urszula Nartowska, Dr. Patrick Binzel, Dr. Peter Möllmann (all corporate/M&A); Dr. Michael Marquardt (partner, tax), Stefan Köhler, Dr. Stefan Mayer (both tax); Christian Steinke (partner, real estate), Dr. Tim Weber, Jürgen Heinzelmann, Dr. Hendrik Maroldt, Dr. Viktoria Ludwig, Dr. Nadine Queck, Dr. Juliane Reichelt, Dr. Yvonne Kerth, Dr. Sascha Beck, Dr. Sabine Engelhardt, Dr. Wiland Tresselt, Tobias Schnieders (all real estate); Dr. Helge Kortz (partner, finance), Nikolaos Tokas, Dr. Michael Klose, Teresa Baldwin (all finance); Dr. Burghard Hildebrandt (partner, public), Dr. Christian Hamann, Dr. Katja Papenkort (both public); Dr. Stefan Lingemann (partner, labour), Dr. Charlotte Beck, Dr. Meike Gotham, Dr. Nicole Cramer (all labour).
Most recently, Gleiss Lutz played a significant role in the following major portfolio transactions: sale of Allianz’ Charlotte portfolio, the Daimler property at Potsdamer Platz, as well as the sale of Karstadt real estate.
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