03.08.17

BMH BRÄUTIGAM ADVISES SIGNA ON THE ACQUISITION AND FINANCING OF A TOWER DEVELOPMENT IN THE MEDIASPREE BERLIN PROJECT

BMH BRÄUTIGAM advised SIGNA on the acquisition and financing of a development site right by Berlin's Mercedes-Benz Arena.

The SIGNA-Group has acquired one of the last remaining undeveloped plots in the Mediaspree development in Berlin on which it plans to build a state-of-the-art office building approximately 90 metres tall with a gross floor space of around 50,000 m². Thus, the SIGNA-Group develops an attractive landmark building for renowned tenants in one of the most innovative districts in the capital. Seller Anschutz Entertainment Group (AEG) is a leading developer of the new city district along the East Side Gallery. It was agreed not to disclose the purchase price of the property. The transaction was financed by Berlin Hyp. Team BMH BRÄUTIGAM: Boris Reschucha (Federführung), Alexander Nast, Dr. Sylko Winkler, Dr. Daniel Moussa