Noerr advises Allianz Real Estate on €500 m JV with real estate developer VGP (x)

Noerr’s Real Estate Investment Group consisted of teams of lawyers from Noerr offices in Germany, the Czech Republic, Slovakia and Hungary. The transaction value was more than €500 m. The joint venture has been set up to bundle the assets of projects developed by VGP in Germany, the Czech Republic, Slovakia and Hungary. The portfolio focusing on logistics and industrial properties will be continuously expanded. The joint venture will acquire projects exclusively developed by VGP. Noerr’s CEE Real Estate Investment Group (REIG) is led by Zoltán Nádasdy, Head of the Budapest office. Noerr is excellence and entrepreneurial thinking. Composed of strong characters, the well-practiced teams create solutions for the most complex and sophisticated legal matters. United by a set of shared values, the more than 500 professionals of Noerr have one goal in common: the clients’ success. As one of the top European law firms, Noerr is also well established internationally: with offices in eleven countries and a network of top-ranked “best friends" law firms all over the world. www.noerr.com (x)