McDermott Advises Kadans Science Partner on the Acquisition of a Project Development in Berlin - McDermott Will & Emery

McDermott Advises Kadans Science Partner on the Acquisition of a Project Development in Berlin

Overview


Düsseldorf, December 13, 2024 – McDermott Will & Emery has advised Kadans Science Partner on the acquisition of a property in the Charlottenburg district of Berlin. This strategically important transaction marks Kadans Science Partners’ entry into the Berlin market.

On the 9,037 square meter site at Franklinstrasse 8, Kadans Science Partners is developing a state-of-the-art laboratory and office building under the brand name “Plus Ultra Berlin” together with the project developer ACCUMULATA. In addition to its central location on the Charlottenburg campus and its proximity to the Technical University of Berlin, the site scores particularly well due to its direct waterfront location. Completion is expected in the second half of 2028.

Kadans Science Partner supports companies in the sectors of life sciences & health, food, energy & digital economy in their research and development by providing state-of-the-art infrastructure and specialized facilities. The company has been part of the Axa Investment Managers portfolio since 2020 and serves over 400 clients in 27 science clusters in six countries.

The McDermott team was led by partner Thomas Beisken and comprised partners Philipp-Gerald Hammes, Alexa Ningelgen and Florian Schiefer as well as counsel Marcus Fischer and associates Carolin Irla and Tim Weill.

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