Noerr advises ActivumSG on the acquisition of the Fairvesta Group
Noerr has again advised ActivumSG on an M&A transaction on the German market. This real estate investor, which is active across Europe, has acquired the Fairvesta Group from the Knoll family via its AtivumSG Fund V. The company, which is headquartered in Tübingen, currently manages 14 real estate funds for approximately 18,000 private investors from Europe. The portfolio comprises some 150 properties, mainly office and retail buildings in German towns and cities, worth approximately €800 million.
With this transaction ActivimSG is entering the real estate asset management segment. New Fairvesta real estate funds for private investors are planned under the Activum flag.
A team headed by the Berlin-based Noerr partners Felix Blobel, Carsten Heinz and Ariane Neubauer acted for ActivumSG. This team has already advised ActivumSG in the past, for example in 2016 on the acquisition of the senior housing developer WI-IMMOGROUP headquartered in Hildesheim and in 2015 on the takeover of the Leipzig residential property developer GRK.
Noerr offers a unique range of services in the real estate sector with its Real Estate Investment Group (REIG) headed by Annette Pospich and Alexander Goepfert. This practice group is made up of over 60 experts covering all disciplines relevant to the real estate industry and with its interdisciplinary approach has continuously increased its market share in recent years.
Advisors to ActivumSG: Noerr LLP
Felix Blobel, Ariane Neubauer (joint team lead, Corporate), Dr Carsten Heinz, Christian Garz (both Tax), Dr Clemens Schönemann (Real Estate), Peter Stauber (Antitrust & Competition, all Berlin), Dr Jens Kunz (Banking & Finance, Frankfurt am Main)
Associates: Juliane Fiebig (Tax), Katrin Lütgenau (Corporate, both Berlin), Dr Nikolaus Polzer (Employment & Pensions, Düsseldorf)