aam2core and NREP establish joint venture for existing residential properties

aam2core is a real estate investment manager for residential, office and logistics/light industrial properties for institutional and non-institutional investors. The subsidiary aam2core Service GmbH – BaFin-registered KVG – acquires and manages office properties for (semi-) professional investors in direct mandates and seven special fund solutions. Around 90 employees are responsible for investment assets of EUR 3.1 billion with an area of approx. 1.7 million m². aam2core invests in Germany and Austria. The headquarters are in Frankfurt am Main with branches in Berlin, Bad Homburg, Düsseldorf, Grünwald and Leipzig. The Management Board of aam2core Holding AG is made up of Jens Ebert, Stefan de Greiff and Michael Schleich.

NREP is a real estate investor committed to driving real change in the industry to benefit people and planet. Taking a holistic, long-term approach when investing across real estate segments, primarily residential, logistics, care homes and offices, NREP is recognized for its ability to reimagining the built environment, including several large-scale neighbourhood developments. The company manages 8 million square meters of real estate projects across Denmark, Finland, Sweden, Norway, Poland, and Germany, and has more than 400 employees across Europe. NREP is part of Urban Partners, a platform of vision-aligned investment strategies shaped around urban problem solving.

The international team of A&O Shearman was led by counsel Dr. Michael Fink (Real Estate, Düsseldorf) and also included partners Tim Drach (Tax, Frankfurt), Patrick Mischo (Tax, Luxembourg), counsel Dr. Daniel Bolm (Real Estate, Hamburg) and Johanna Tschurtschenthaler (Tax, Luxembourg), as well as senior associates Hasan Kaya (Real Estate, Frankfurt) and Joachim Apra (Corporate/M&A, Luxembourg) and associate Arnaud Zinsius (Corporate/M&A, Luxembourg).