GÖRG advises BARD on sale of leasehold rights to Deutsche Industrie REIT
GÖRG Partnerschaft von Rechtsanwälten mbB advised BARD Engineering GmbH on the sale of two leasehold rights in Jarßum port in Emden to Deutsche Industrie REIT-AG.
The adjoining leaseholds have a total size of approx. 167,000 m² and are developed with two hall complexes and two administrative buildings. The leasehold property with direct water access is let on a long-term basis to various players from the wind energy sector, with OWS Off-Shore Wind Solutions GmbH as the anchor tenant.
The sale of the leasehold rights is an important milestone in the orderly liquidation of the BARD Group led by Hamburg-based GÖRG partner and trust specialist Dr. Thorsten Bieg. The company was originally a developer, manufacturer and builder of offshore wind farms and is being successively liquidated for some time now.
Legal advice to BARD on the transaction was provided under the lead management of real estate partner Dr. Christoph Mönig from GÖRG's Hamburg office.
Advisors BARD Engineering GmbH
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Christoph Mönig, Partner, Real Estate Law, Hamburg
Dr. Robert Brahmstaedt, LL.M., Associated Partner, Reorganisation/Restructuring, Hamburg