GÖRG advises on joint venture for project development "Hellerhöfe" in Frankfurt's Gallus district

Frankfurt, 22.12.2020

GÖRG and Ebner Stolz advise on a joint venture between the F.A.Z. Group, the project developer BAUWENS and the family office Daniel Hopp for the project development "Hellerhöfe" in Frankfurt's Gallus district.

The publishing company of the F.A.Z. and the media house Frankfurter Societät on the one hand and the bidding consortium BAUWENS / Family Office Daniel Hopp on the other hand are founding a joint venture for the district development "Hellerhöfe". This is an area of almost 24,000 sq. in Frankfurt's Gallus district and the current location of the F.A.Z. Group. F.A.Z. and FS had selected BAUWENS and the Family Office as partners in the new development as part of an investor selection process. 

The F.A.Z. Group is expected to move into the FAZ Tower, an office and commercial high-rise currently under construction in Frankfurt's Europaviertel district, at the end of 2022. 

F.A.Z. / Frankfurter Societät and BAUWENS / Family Office Daniel Hopp each have a 50 percent share in the joint venture. Initially, a two-phase urban planning competition will be held in close cooperation with the City of Frankfurt, the results of which will form the basis for the development plan to be drawn up. The goal is a mixed-urban neighbourhood development with a residential share of 75 to 80 percent, day-care centres and supplementary residential-compatible commercial uses. Completion of the new quarter with around 650 rental flats is planned for 2027.

 

Advisors FAZ/FS

GÖRG Partnerschaft von Rechtsanwälten mbB 
Dr. Matthias Menke, Partner, Corporate/M&A (Lead), Frankfurt 
Ingo Winterstein, Partner, Real Estate Law, Frankfurt
Dr. Martin Kienzler, Associate, Real Estate Law, Frankfurt
Dr. Lars Weber, Partner, Corporate/M&A, Frankfurt
Taro W. Stenger, Associate, Corporate/M&A, Frankfurt
Dr. Christian Bürger, Partner, Antitrust Law, Cologne

GÖRG has advised the F.A.Z. media group for many years in various fields of law.

KPMG 
Susanne Hüttemann, Tax, Frankfurt 
Angelika Zahn, Tax, Frankfurt

ESTATEMENT GmbH 
Jürgen Kühl, Project Development, Hamburg

Notary: Florian Wiesner, FPS, Frankfurt

 

Advisors BAUWENS

Inhouse Legal  
Dr. Jochen Möller, Cologne

Ebner Stolz 
Dr. Dirk Janßen, Corporate/M&A (Lead), Cologne
Dr. Tim Odendahl, Corporate/M&A (Lead), Cologne
Stefan Winden, Tax, Cologne
Robert Backes, Tax, Cologne
Nadine Bläser, Antitrust Law, Cologne 
Dr. Hartmut Hilgers, Corporate/M&A, Cologne
Calvin Bothe, Corporate/M&A, Cologne
Annalena Kaiser, Corporate/M&A, Cologne
Dr. Michael Heimig, Tax, Cologne

Ebner Stolz regularly advises BAUWENS, most recently comprehensively on the acquisition of a stake in the Munich-based Büschl Group.
 

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