Noerr advises Apollo Global Management on sale of pan-European Maximus portfolio
Noerr’s Real Estate Investment practice group has advised funds managed by Apollo Global Management (Apollo) on the sale of a real estate package to Singapore’s sovereign wealth fund GIC. The ‘Maximus’ portfolio consists of a total of 28 logistics centres in Germany, Poland, Slovakia, the Netherlands, Belgium and Austria worth almost €1bn. Apollo is a leading global asset manager specialised in alternative investments, which as at 30 September 2019 had assets of US$323bn in the form of private equity, credit and real asset funds under management.
Noerr’s Real Estate Investment practice managed the transaction overall for Apollo and provided legal advice in Germany, Poland and Slovakia; Noerr also acted as lead counsel coordinating the activities of the other law firms involved in Belgium, Luxembourg, the Netherlands and Austria.
Prior to this transaction, the Real Estate Investment practice had already assisted Apollo with legal and tax advice on acquiring individual portfolio properties in Germany, Poland and Slovakia and managed the activities of foreign law firms.
In the real estate sector, Noerr offers a unique range of consulting services through its Real Estate Investment Group. This practice group consists of more than 60 experts from all disciplines relevant to the real estate industry and has continuously expanded its market share in recent years with its interdisciplinary approach.
Advisors to Apollo Global Management: Noerr LLP
Holger Alfes (Frankfurt, Capital Markets), Christoph Brenzinger (Düsseldorf, Real Estate Investment Group, joint team lead), Carmen Böhn (Frankfurt, Corporate/M&A), Janina Diesem, Henrik Dornscheidt (both Düsseldorf, Real Estate Investment Group), Michaela Engel (Munich), Florian-Felix Marquardt (Berlin, both Tax & Private Clients), Ariane Neubauer (Berlin, Private Equity), Bartosz Ostrowski (Warsaw), Adam Pichler (Bratislava, both Real Estate Investment Group), Ulrike Sommer (Düsseldorf, Tax & Private Clients), Martin Tupek (Bratislava, Corporate/M&A), Aleksandra Vujinovic (Frankfurt, Corporate/M&A), Pawel Zelich (Warsaw, Real Estate Investment Group)