Noerr has advised ODDO SEYDLER BANK AG on a capital increase with subscription rights at Deutsche Konsum REIT-AG. The Noerr team led by the Frankfurt-based capital market specialists Dr Laurenz Wieneke and Dr Stephan Schulz also took a leading advisory role in drafting the prospectus for the client. As a result of the transaction, Deutsche Konsum REIT-AG will be listed in the prime standard of the Frankfurt Stock Exchange.

The company’s share capital is to be increased by issuing up to 4.65 million new shares. The gross proceeds of some €39.6 million are intended to fund the further growth of the company, especially the acquisition of further retail properties. Deutsche Konsum REIT-AG specialises in the purchase, management and leasing of retail properties in regional and mid-sized hubs.

ODDO SEYDLER regularly relies on the advice from Noerr’s capital market experts, such as most recently in connection with the cash capital increase of SINGULUS TECHNOLOGIES Aktiengesellschaft. Noerr and its partners Wieneke and Schulz also advised ODDO SEYDLER on the successful IPO of Deutsche Konsum Grundbesitz REIT-AG in 2015. The bank was involved in the transaction as listing agent.

Advisors to ODDO SEYDLER BANK AG: Noerr LLP

Dr Laurenz Wieneke, Dr Stephan Schulz (joint lead), Dr Julian Schulze De La Cruz (all Capital Markets), Dr Matthias Geurts (Tax), Dr Alexander Jänecke (Real Estate)

Associates: Dr Dominik Kloka, Dominique Stütz (both Capital Markets), Franziska Zahoransky (Real Estate, all Frankfurt)