Reuther Rieche has assisted a private investor group in the sale of 450 apartments. The buyer is an international real estate company that owns and manages several thousands apartments.
Reuther Rieche’s support covered all stages of the transaction, from the request for proposal to the execution of the contract after notarisation. The residential complex is located south of the Elbe in Hamburg. The apartments had been renovated to make them more energy-efficient, which required the involvement of the financing banks that had financed the renovation. The contract was negotiated and executed at the recent peak of the real estate price development.
Michael Reuther and Jonathan Reuther advised the private investor group on the transaction.