Orrick advised Verdion GmbH on the development of a 100,000 m² logistics center in Werne near Dortmund, Germany. Constructed by BREMER AG, the building was transferred to Amazon at the end of October.
For the project, valued at around €100m, Orrick advised on the property acquisition agreement, the leasing contract with Amazon, the general contractor agreement, further project contracts and the construction phase of the logistics center.
Verdion is a leading European real estate investor and project development firm with a focus on logistics properties. The firm is based in London and has offices in Düsseldorf, Frankfurt and Malmö (Sweden).
Verdion was advised by an Orrick team led by Düsseldorf-based Real Estate counsel Felix Schäfer. He was supported by Tax partner Stefan Schultes-Schnitzlein.