Tishman Speyer Secures Berlin Real Estate Asset Amid Insolvency Challenge

International law firm Bryan Cave Leighton Paisner LLP (BCLP) advised Tishman Speyer on the acquisition of a partially completed building project in Berlin-Mitte. The deal, executed under an insolvency plan, involved a 17,600 square meter property formerly developed by Development Partner GmbH. Tishman Speyer plans to complete the project, known as The Elements building, which is 80% commercial and 20% residential and scheduled for completion by mid-2026. The transaction marks Tishman Speyer's ninth acquisition in Berlin and demonstrates their strategic interest in value-add real estate investments through their European Ventures IX fund. The project demanded extensive expertise in real estate and insolvency law, orchestrated by BCLP's team of specialized partners and associates. This case illustrates BCLP's proficiency in supporting complex, international real estate transactions.