Frankfurt a.M., August 25, 2021 – McDermott Will & Emery has advised Values Real Estate on its acquisition of the Multimedia Centre Rotherbaum in Hamburg from Jahr Group. Three institutional investors are participating in an investment KG managed by Values Real Estate as part of a club deal.
The multi-tenant property is located in the north of the city in a very good location in the Hamburg-Rotherbaum district. The building consists of three parts, has six floors and has a rental area of around 29,000 sqm. The space is almost fully let to around 20 companies with EY as the anchor tenant.
Values Real Estate is a Hamburg-based project development and investment company operating throughout Germany. The group focusses on sophisticated real estate investments in specific prime locations of selected sites. Founded in 2010, Values Real Estate has implemented and managed investments with a total volume of around three billion euros.
The McDermott team was led by Thomas Beisken and Dr. Jens Ortmanns in Düsseldorf, supported by Alina Affeld (Real Estate), Maria Bretschneider (Real Estate), Dr. Alexa Ningelgen, Elif Üzümovali (Public Law), Christian Krohs and Catharina Kant (Antitrust). In Frankfurt, Tina Zeller (Real Estate), Dr. Kian Tauser and Marcus Fischer (Tax) also advised.
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