NEON advises SIGNA on acquisition, development and resale of Friedrichstraße 210

March 2024| NEON advises SIGNA on acquisition, development and resale of the historic “Friedrichstraße 210” building in Berlin-Mitte.

NEON has successfully advised on the acquisition, development, and subsequent resale of the historic commercial building “Friedrichstraße 210” in Berlin-Mitte. The scope of NEON’s advice included advising the asset deal acquisition and the accompanying acquisition financing, as well as the later exit via share deal.

The “Friedrichstraße 210” building is a landmark property, recognized for its architectural significance and historical value and now designated for a high-class refurbishment and in-part redevelopment emphasizing the high quality of the building. The transaction once more highlights NEON’s expertise in transactions involving landmark protected projects.