IFLR1000

Elbtower

8/2/2018
Real estate finance, Real estate project
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€ 700 million

$ 858.683 million

Announced

8/2/2018

Overview:

  • Elbtower
  • Austrian developer Signa Prime Selection has been awarded the contract to develop Elbtower, a planned 233.3 metre mixed-use high-rise building in Hamburg.
  • Construction of Elbtower is scheduled to begin in early 2021 and complete in 2025. 
  • When complete, Elbtower will be taller than any of Hamburg's existing buildings.

Ben Naylor - Regional editor

 

Jurisdictions:

Germany
United Kingdom

Deal types:

Real estate finance
Real estate project

Practice area:

Project development

Governing law:

Germany

Industry sector:

Real estate

Firms:
Freshfields Bruckhaus Deringer

Party: City of Hamburg (Grantor)

Lawyer: Johannes Conradi

McDermott Will & Emery

Party: Signa Prime Selection (Project developer)

Lawyers: Jens Ortmanns, Oliver Lieth

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