International law firm Simmons & Simmons has successfully advised Realterm, a leading global investment manager in the field of transport oriented logistics infrastructure, on the acquisition of the Hermesstraße 1 property in Friedewald, Germany. The transaction marks Realterm’s first investment in Germany and represents an important milestone in the company’s ongoing European expansion.
Hermesstraße 1 is a strategically located industrial outdoor storage facility in a key German logistics corridor. With this acquisition, Realterm secures an important entry point to the German market for IOS assets. At the same time, the transaction reflects the growing demand for flexible, well connected logistics space in Europe and highlights the increasing institutional interest in specialiszed logistics infrastructures such as IOS and High Flow Through (HFT) properties.
The Simmons & Simmons team was led by Real Estate Partner Dr Moritz Vettermann (Frankfurt), and also– compriseding Supervising Associate Philipp Thürmer (Real Estate, Frankfurt), Associate Leonie Bender-Paukens (Real Estate, Frankfurt), Partner Felix Krueger (Tax, Frankfurt) and Associate Jens Scharfbillig (Tax, Frankfurt). The team advised Realterm on all legal aspects of the transaction.
Moritz commented: “On behalf of the team, we are very pleased to have advised Realterm on its market entry into the German IOS segment and congratulate them on this milestone. The acquisition underlines the proven strength of our real estate transaction practice in strategic real estate investments in Germany and across Europe.”
Realterm is a leading international investment manager focused on real estate related infrastructure for the transport and logistics industry. The company has an extensive portfolio in North America, Europe and the Asia Pacific region.
This transaction highlights Simmons & Simmons’ strong track record in advising international investors on strategic real estate acquisitions in Germany and across Europe.
