Hogan Lovells advises Blackbrook and NVELOP on investment in Germany

Press releases | 11 May 2023

Led by Hamburg partner Dr Dirk Debald and counsel Claudia Wolf, global law firm Hogan Lovells has advised Blackbrook Capital and NVELOP Real Estate on the acquisition of a property for the development of a 24,000-square-meter logistics facility in Ketsch (Baden-Württemberg).

This is Blackbrook's first investment in Germany; since its founding in 2020, Blackbrook has already entered a total of eight different markets. Hogan Lovells has previously advised NVELOP on other projects in Germany.

In line with Blackbrook’s and NVELOP’s ESG strategy, the yet to be developed facility will feature a range of sustainability initiatives including LED lighting, EV charging stations and solar energy solutions. It will be designed to achieve a DGNB Gold certification (equivalent of BREEAM Excellent).

Hogan Lovells provided comprehensive advice to Blackbrook and NVELOP on all legal and tax related aspects of this transaction.

Hogan Lovells Team for Blackbrook Capital Ltd and NVELOP Real Estate GmbH

Dr Dirk Debald (Partner), Claudia Wolf (Counsel), Katia Fernandez (Senior Associate), Dr Laura Iva Savić (Associate) (all Hamburg), Florentine Gottwald (Associate, Frankfurt) (all Real Estate);

Dr Mathias Schönhaus (Partner, Dusseldorf), Dr Marius Plum (Senior Associate, Munich) (both Tax).