POELLATH advises Quantum on the acquisition of “Wasserstadt Mitte” in Berlin
Quantum Immobilien KVG (“Quantum”) has acquired “Wasserstadt Mitte” in Berlin’s Europacity for an institutional investor by way of a share deal. The sellers are a holding company of Adler Real Estate AG and Taurecon. The parties have agreed not to disclose the purchase price.
The quarter is located on the banks of the Berlin-Spandauer canal at Heidestrasse 17-24 and was completed in 2019. It comprises a total leasable area of approximately 47,000 m². This is divided between 711 sustainably built and privately financed apartments, including 213 co-living apartments, and around 3,000 m² of commercial space for retail, restaurants and a daycare center.
POELLATH provided comprehensive legal and tax advice to Quantum on the transaction with the following cross-location team:
- Dr. Matthias Durst (partner, lead, real estate, Berlin)
- Dr. Hardy Fischer (partner, tax law, Berlin)
- Timo Winkelmann (partner, real estate, Berlin)
- Tobias Jäger (partner, insolvency law, Munich)
- Daniel Wiedmann (associated partner, anti-trust law, Frankfurt)
- Dr. David Hötzel (counsel, tax law, Berlin)
- Dr. Elisabeth Märker (counsel, tax law, Berlin)
- Dr. Daniel Elbel (counsel, real estate, Berlin)
- Dr. Puya Rezai Hariri (counsel, real estate, Berlin)
- Norman Roguhn (senior associate, real estate, Berlin)
- Bastian Roos (senior associate, real estate, Berlin)
- Marina Hennings (senior associate, real estate, Berlin)
- Dr. Klara Bothe, LL.M. (Associate, real estate, Berlin)
- Katharina Wilhelm (Associate, real estate, Berlin)
