Geneva – REYL Corporate Finance (REYL CF), the investment banking arm of REYL Intesa Sanpaolo (REYL), is acting as sole financial advisor to its client, a private investor, on the acquisition of a new mixed-use property in Berlin in the form of a forward share deal from a local developer.
The transaction concerns an energy-efficient property under construction in Berlin-Schoeneberg, five kilometers south-west of the city centre. The construction work is expected to be completed in February 2023. The property consists of 60 apartments/micro-apartments as well as retail and office space on a total area of 2,600 m². With this transaction, the private investor begins to build up a large-volume real estate portfolio that focuses on selected value-add investments mainly in Germany.
The seller, MHMI Immobilien-Verwaltungen GmbH, is a German real estate developer specializing in residential real estate in the Berlin region. He is supported by his sister company ANES Bauführungen Berlin GmbH.
REYL Intesa Sanpaolo acts as sole financial advisor to her clients throughout the transaction.
Xavier Ledru, Head of REYL Corporate Finance, said: “Any energy efficient property development is a crucial step towards a more sustainable future for Europe and we are delighted to have been able to support our client in this acquisition. This new transaction is another step in the evolution of our growing real estate advisory practice and reinforces our growing pan-European footprint.”
José Holgado, Head of Real Estate at REYL Corporate Finance, commented: “This transaction enables REYL’s expertise in providing individual advice on international real estate transactions in emerging sectors such as sustainable real estate development and micro-living. By advising on all investment aspects of the transaction, such as B. the strategic planning with the customer, the investment and leasing strategy, through to cost-efficient financing and a tax-optimized transaction structure, we were able to offer a tailor-made and true end-to-end solution.» (REYL/mc/ps)