Global law firm Norton Rose Fulbright has advised the Ditting Group on its joint venture with the Projektentwicklungsgesellschaft Hamburg (PEG) for the development of the Ipanema quarter project in Hamburg.
An 18,500 m² office tower and 523 apartments are to be built on the approximately 28,500 m² site. Construction is scheduled to start this year and the first residents could move in in 2023.
Patrick Narr, Partner and Head of Hamburg, comments:
"We are pleased that we have advised our long-standing client on this transaction, an extensive and exciting construction project in Hamburg that will bring further jobs and possibilities to live in the city".
The Hamburg-based team was led by partner Patrick Narr (Corporate/Real Estate). He was supported by associates Malte Meyer and Karsten Al