Noerr advises GEG on partnership with Singapore’s sovereign wealth fund GIC

Noerr has advised GEG German Estate Group AG on the agreement of an individual mandate between GEG and Singapore’s sovereign wealth fund GIC (Government of Singapore Investment Corporation). GEG, one of Germany’s leading real estate investors, will establish and manage a real estate portfolio with significant value growth potential for the fund.

The focus of investment activities is on the leading German markets for office properties. With the Frankfurt Stock Exchange Centre, GEG has already acquired its first property, which will be modernised and repositioned by GEG. The portfolio is to be significantly expanded with further acquisitions

A Noerr team led by partners Christoph Brenzinger and Alexander Goepfert worked for GEG. Both advised GEG on the acquisition of the Frankfurt Japan Center (investment of €280 million) at the end of last year. A team led by Alexander Goepfert also recently advised GEG on the agreement of a joint venture with Hansainvest Real Assets, in the context of which Hansainvest is participating in the Global Tower project development of GEG (total investment around €340 million).

In the real estate sector, Noerr offers a unique range of consulting services through its REIG, headed by Alexander Goepfert and Annette Pospich. The 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 GEG German Estate Group: Noerr LLP

Christoph Brenzinger (Düsseldorf), Professor Alexander Goepfert (Frankfurt/Düsseldorf, joint team lead, both REIG/Real Estate), Dr Carsten Heinz (Tax, Munich), Dr Thomas Schulz (Corporate, London)

Associates: Sarah Blazek (Antitrust, Munich), Sebastian Diehl (Corporate, London), Michael Tommaso (Tax, Berlin)