Norton Rose Fulbright advises MEAG on the acquisition of three residential complexes in Berlin

Global law firm Norton Rose Fulbright has advised MEAG, asset manager of Munich and ERGO, on the acquisition of three residential complexes in Berlin from Trei Real Estate. 

The residential complexes have a total living space of approx. 36,000 square metres. A total of 544 rental flats with one to five rooms and 179 parking spaces are available. The properties offer commercial space totalling around 7,000 square metres on the ground floor, which is let to the local supermarkets EDEKA and Rewe.

Norton Rose Fulbright advised MEAG comprehensively on the transaction as part of the purchase agreement negotiations and the legal and tax due diligence. The team was led by Dr Maren Stölting (Partner, Munich, Co-Head of Real Estate EMEA). MEAG was advised on the legal aspects of the transaction by Robert Hampp (MEAG-LRC/real estate law) and on tax matters by Matthias Weigert (MR Group Tax).