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GSK Stockmann advises DZ HYP on financing of Upper West in Berlin
GSK Stockmann advised DZ HYP AG on the financing of the Upper West high-rise building in Berlin-Charlottenburg. The buyer is Schoeller Group GmbH, based in Pullach near Munich.
Upper West is located directly on Berlin’s Breitscheidplatz, opposite Kaiser Wilhelm Memorial Church and just a stone’s throw from the city’s famous shopping boulevard, Kurfürstendamm. At around 120 metres high, it is one of the tallest buildings in Berlin. The building’s distinctive glass and steel façade makes it a striking part of the city’s skyline.
The building also meets high standards in terms of urban development and sustainability. Upper West combines office and retail space, as well as a Motel One flagship hotel with 582 rooms over 19 floors. The building is DGNB Gold & LEED Platinum certified.
A GSK Stockmann team led by Munich partner Alma Franke advised DZ HYP on financing the purchase transaction.
Advisers of DZ HYP AG at GSK Stockmann:
Dr Alma Franke (lead), Dr Mechtild-Maria Siebke, Marcel Buss, Beatrice Christina Dörr (all finance), Robert Korndörfer, Dr Raoul Kreide, Matti Kamer (both corporate), Stefan Schlapka (real estate law/hospitality), Andreas Heinzmann, Hawa Mahamoud, Eva Jean (corporate/finance, Luxembourg)
GSK Stockmann - June 5 2025
Press Releases
GSK Stockmann welcomes Daniel Nerl as local partner for labour law
Labour and social security law expert Daniel Nerl has joined GSK Stockmann’s team in Luxembourg as local partner, where he will develop the firm’s new practice in that area. He joins from leading independent business and litigation law firm Kleyr Grasso – together with his Associate Julie Tisserand – and will work closely together with Counsel Marie-Therese Wich.
Daniel Nerl has extensive experience in the fields of labour and social security matters. He has been advising clients since 2011 on the entire spectrum of human resources matters by offering a full-service approach from advisory on day-to-day matters (including on- and offboarding, due diligences, general corporate support, etc.) to litigation. In addition, he has been a lecturer for training organisms on HR matters for over 10 years. Daniel Nerl studied in France in Bordeaux and Paris at the Sorbonne and was admitted to the bar in Luxembourg in 2011; he is member of ELSA asbl – Employment Law Specialist Association Luxembourg.
“We are pleased to welcome Daniel Nerl and Julie Tisserand to our team. Their strong experience in the field of labour law and litigation as well as their deep expertise of the Luxembourg market will benefit our international client base”, comments Andreas Heinzmann, Partner at GSK Stockmann in Luxembourg.
“We are looking forward to working with the new team members who will further strengthen our international capabilities in labour law and litigation. We wish them a great start at GSK Stockmann”, adds Dr. Oliver Glück, Co-Managing Partner at GSK Stockmann.
“I am thrilled to join GSK Stockmann in Luxembourg, together with my long-term colleague Julie Tisserand, and am looking forward to working with a strong team on challenging and complex projects”, says Daniel Nerl.
The office of GSK Stockmann in Luxembourg opened in 2016 with four partners and has since grown to a team of more than 30 fee earners focussing on the field of Banking & Finance, Capital Markets, Corporate and M&A, Private Equity, Investment Funds, Real Estate, Regulatory, Insurance, and Tax.
Press contact:
GSK STOCKMANN
Christina Holl
Karl-Scharnagl-Ring 8
80539 Munich
T +49 89 288174-275
F +49 89 288 174-44
[email protected]
GSK Stockmann is a leading independent European corporate law firm. Over 250 professionals advise German and international clients at our locations in Berlin, Frankfurt/M., Hamburg, Heidelberg, Munich, Luxembourg and London. GSK is the law firm of choice for Real Estate and Financial Services. We also have deep-rooted expertise in key sectors including Funds, Capital Markets, Public, Mobility, Energy and Healthcare. For international transactions and projects, we work together with selected reputable law firms abroad. Our advice combines an economic focus with entrepreneurial foresight. That is what is behind: Your perspective.
More about us: www.gsk.de
GSK Stockmann - May 13 2025
Press Releases
GSK Stockmann advises Colt Technology Services on sale of data centres
GSK Stockmann, working with a team of other firms including Troutman Pepper Locke, advised global digital infrastructure company Colt Technology Services on the sale of six of its data centres to NorthC, a data centre operator headquartered in the Netherlands. As part of the deal, Colt will also divest two of its other data centres in London to NorthC’s majority owner DWS Group.
The eight data centres included in the transaction are in Amsterdam, Berlin, Düsseldorf, Frankfurt, Hamburg and Munich, as well as the two in London. The data centres were part of the assets Colt gained with its acquisition of Lumen EMEA in 2023.
GSK Stockmann, working with Troutman Pepper Locke and a team of further local counsel and instructed by Nadine Ramasamy, Alex Galtieri and Annarita Spena of Colt, advised on the German real estate aspects of the deal and also on Colt’s ongoing partnership with NorthC. Colt’s future relationship with NorthC will include Colt retaining network equipment in the divested data centres as part of its global digital infrastructure, which connects 32,000 buildings, spans more than 40 countries, reaches more than 275 points of presence, and includes 10 subsea cable systems.
The transaction is expected to close in summer 2025.
[caption id="attachment_48296" align="alignnone" width="300"] GSK Berlin[/caption]
Advisers of Colt at GSK Stockmann:
Dr Olaf Schmechel (lead partner, Real Estate/Data Centres), Çağlayan Birkan (Real Estate), Sören Wolkenhauer (Energy), Dr Jörg Kahler (IP/IT), Dr Anna Charlotte Kümpers (Public Law)
Contact:
GSK STOCKMANN
Dr Olaf Schmechel
Mohrenstrasse 42
10117 Berlin
T +49 30 203907 - 0
F +49 30 203907-44
[email protected]
Press contact:
GSK STOCKMANN
Christina Holl
Karl-Scharnagl-Ring 8
80539 Munich
T +49 89 288174-275
F +49 89 288 174-44
[email protected]
GSK Stockmann is a leading independent European corporate law firm. Over 250 professionals advise German and international clients at our locations in Berlin, Frankfurt/M., Hamburg, Heidelberg, Munich, Luxembourg and London. GSK is the law firm of choice for Real Estate and Financial Services. We also have deep-rooted expertise in key sectors including Funds, Capital Markets, Public, Mobility, Energy and Healthcare. For international transactions and projects, we work together with selected reputable law firms abroad. Our advice combines an economic focus with entrepreneurial foresight. That is what is behind: Your perspective.
More about us: www.gsk.de/en
GSK Stockmann - May 13 2025
Press Releases
GSK Stockmann advises L-Rea GmbH on a Joint Venture with BlueRock Group AG, regarding Residea Immobilien Management GmbH
GSK Stockmann has provided comprehensive legal advice to L-Rea GmbH on the establishment of a joint venture with the BlueRock Group AG regarding L-Rea GmbH’s subsidiary Residea Immobilien Management GmbH. Since April, the BlueRock Group AG, based in Zurich and Berlin, holds a stake in Residea Immobilien Management GmbH as part of a joint venture.
A team led by Berlin based partner and Corporate/M&A specialist Dr. Thomas Derlin provided comprehensive legal support to L-Rea GmbH regarding this strategic partnership with BlueRock Group AG, in particular in the negotiations and conclusion of the share purchase agreement and the joint venture agreement as well as related corporate and commercial law issues.
Residea Immobilien Management GmbH is a fully integrated asset management company, managing a portfolio of several thousand residential and commercial units, primarily in Berlin. For the real estate investor and asset manager BlueRock Group AG, the participation secures access to qualified management capacities in the demanding Berlin real estate market.
[caption id="attachment_48294" align="alignnone" width="300"] GSK Berlin[/caption]
Advisers of L-Rea at GSK Stockmann:
Dr Thomas Derlin, Dr Andreas C. Peters (both lead, both Corporate/M&A), Dominik Berka (Tax), Jan Kramer (Real Estate) Christina Lorf (Corporate/M&A)
Advisers of Blue Rock Group:
Heussen Rechtsanwaltsgesellschaft mbH: Jan Dittmann, Johannes Weidelener
Notary: Heuking
Contact:
GSK STOCKMANN
Dr Thomas Derlin
Mohrenstrasse 42
10117 Berlin
T +49 30 203907 - 0
F +49 30 203907-44
[email protected]
Press contact:
GSK STOCKMANN
Christina Holl
Karl-Scharnagl-Ring 8
80539 Munich
T +49 89 288174-275
F +49 89 288 174-44
[email protected]
GSK Stockmann is a leading independent European corporate law firm. Over 250 professionals advise German and international clients at our locations in Berlin, Frankfurt/M., Hamburg, Heidelberg, Munich, Luxembourg and London. GSK is the law firm of choice for Real Estate and Financial Services. We also have deep-rooted expertise in key sectors including Funds, Capital Markets, Public, Mobility, Energy and Healthcare. For international transactions and projects, we work together with selected reputable law firms abroad. Our advice combines an economic focus with entrepreneurial foresight. That is what is behind: Your perspective.
More about us: www.gsk.de/en
GSK Stockmann - May 13 2025