JUVE Awards 2021 - Law Firm of the Year - Real Estate & Construction

REIUS. advises Wilmington Trust on the restructuring of the major Berlin construction project “Fürst”

REIUS. has advised Wilmington Trust as trustee on the financial restructuring of the major Berlin construction project “Fürst”. Fürst is a project on Berlin’s Kurfürstendamm, on the site of the former Kudamm-Karree. In 2021, the project was acquired by the Aggregate Group, accompanied by financing totalling over one billion euros. Increased construction costs triggered a discussion about the future of one of the capital’s largest construction projects. As part of the restructuring, a new financing structure was put in place which, among other things, will enable the provision of fresh money to continue construction.

REIUS. advised with the following team: Dr Frederick Staudacher, Dr Holger Iversen, Dr Christian Thiele and Julia Weile.


Frededrick Staudacher
+49 (0)40 696 39 15-77

Holger Iversen
+49 (0)40 696 39 15-18