Real Estate business venture GODEWIND Immobilien AG intends to list its shares on the Regulated Market of the Frankfurt Stock Exchange on 27 March 2018. International law firm Clifford Chance is advising GODEWIND on this transaction.

GODEWIND is targeting to acquire commercial real estate properties in Germany. In the initial public offering, GODEWIND intends to raise gross proceeds of EUR 450 million by selling 112,500,000 newly issued shares. The offer includes an upsize option with an additional 25,000,000 newly issued shares which would lead to total gross proceeds of up to EUR 550 million. Management and supervisory board of GODEWIND as well as further existing shareholders have committed themselves to participating in the IPO and providing further investors in the IPO with an aggregate investment of EUR 50 million.

The Clifford Chance team advising GODEWIND comprised partner Dr. George Hacket (Banking and Finance, Frankfurt), partner Dr. Christian Vogel, associates Maria Luisa Köhler and Ribana Piontek (all Corporate/M&A, Düsseldorf), counsel Barbora Moring, senior associate David Santoro, associate Andrei Dan Manea (all Capital Markets), partner Dr. Gregor Evenkamp, asociate Werner Radziwill (both Regulatory/AIFM), partner Dr. Stefan Simon, senior associate Christopher Fischer (both Employment), partner Olaf Mertgen (all Frankfurt) and associate Lisa Bertling (Düsseldorf, both Tax).