Nexity’s 65% Acquisition of Pantera AG

Milbank LLP advised the shareholders of pantera AG in an auction process on the sale of 65 percent of the shares in pantera AG in a share deal and further advised the pantera Group in connection with the strategic cooperation between Nexity and pantera.

Pantera AG in Cologne and Nexity, Europe’s largest developer of residential real estate listed at the French stock exchange, have decided to enter into a strategic partnership, which will provide pantera AG with the resources for its expansion in Germanyand enable Nexity –as an integrated provider of real estate development and services –to build its German market entry on an existingand market-leading project pipeline.

Nexity acquired 65% of pantera AG’s share capital, Michael Ries founder and CEO of pantera AG retained35%.

Nexity offers the widest range of advice and expertise, products, services and solutions for individuals, companies and local authorities, so as to best meet the needs of our clients and respond to their concerns.

Pantera AG, headquartered in Cologne, develops and markets real estate. Beyond properties for private investors and self-users, pantera AG also offers development projects conceived specifically for institutional investors such as investment funds, pension funds or insurances.

The Milbank team included Michael Bernhardt (Picture, Corporate/M&A, Frankfurt); Matthias Schell; Moritz Philipp (both Tax, Munich); Dominik Waldvogel; Sarah-Maria Resch; Andreas Rief; Sebastian Dexheimer (all Corporate/M&A, Frankfurt); Sebastian Reiner-Pechtl (Corporate/M&A, Munich).

Involved fees earner: Michael Bernhardt – Milbank; Sebastian Dexheimer – Milbank; Moritz Philipp – Milbank; Sebastian Reiner-Pechtl – Milbank; Sarah-Maria Resch – Milbank; Andreas Rief – Milbank; Matthias Schell – Milbank; Dominik Waldvogel – Milbank;

Law Firms: Milbank;

Clients: Pantera AG;