Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised GIC, Singapore’s sovereign wealth fund, on the partnership with Berlin-based investment manager Caleus Capital Investors (‘Caleus’). GIC and Caleus have established a new Berlin based investment vehicle for making Berlin focused property investments and adding value through active asset management or repositioning.

The Freshfields team was led by Timo Elsner and Martin Schiessl who advised on real estate and tax matters, respectively, while Rafique Bachour and Frank Röhling advised on the competition elements of the deal.  Principal associate Laura Druckenbrodt advised on corporate aspects.