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22.03.2022 | Deal Notifications, Press releases

KPMG Law advises GEWOFAG on housing cooperation with Lidl

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) advised GEWOFAG Holding GmbH (GEWOFAG Holding) on a pilot project for cooperation in public housing construction with Lidl GmbH & Co KG (Lidl) by way of a public-private partnership (PPP).

GEWOFAG Holding is a municipal housing company in Munich with a housing stock of over 37,000 apartments. GEWOFAG has implemented a pilot project with Lidl to realize new construction projects in cooperation with commercial companies.

In the project, both a discount store and apartments will be built on a plot of land owned by the discounter in Munich’s city center. Subsidies can be used for the apartments.

As part of the pilot project for the transaction, KPMG Law provided legal support to GEWOFAG in the drafting and negotiation of the contractual framework underlying the transaction, including advice on public procurement and subsidy law.

Advisor GEWOFAG Holding GmbH:

KPMGLaw Rechtsanwaltsgesellschaft mbH: Dr. Barbara Kathrin Buhr (Partner, Lead Partner),
Dr. Axel Lehmann
(Manager), both Construction and Real Estate Law, Nuremberg

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Contact

Dr. Barbara Kathrin Buhr

Partner

Bahnhofstraße 30
90402 Nürnberg

Tel.: +49 911 800929935
bbuhr@kpmg-law.com

© 2024 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.

 KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.

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