Greenberg Traurig Advises ActivumSG on Majority Acquisition of Centralis

BERLIN, July 21, 2025 - Global law firm Greenberg Traurig advised ActivumSG on the majority acquisition of Centralis, a serviced apartment real estate platform currently focused on the German market. The transaction included the corporate platform, four completed assets in Berlin, Bonn, and Lübeck, as well as five development projects in Hamburg, Düsseldorf, Cologne, Bonn, and Nuremberg. The portfolio comprises nine properties in total with approximately 550 units and 23,000 square meters of lettable space in attractive urban locations. All properties are pre-let to modern, tech-enabled hospitality operators on long-term, inflation-indexed leases.

ActivumSG is one of Europe's largest independent real estate investment managers executing a multi-sector specialist investment strategy with a significant focus on the accommodations and hospitality sectors. Together, Activum and Centralis plan to expand the platform to over €500 million in the medium term. The founders of Centralis will remain in key management positions and retain a significant minority stake.

The Greenberg Traurig team provided comprehensive legal advice to ActivumSG throughout this complex transaction. The advisory services included structuring the acquisition, providing financing advice, conducting legal due diligence, drafting and negotiating transaction documents, and providing support on real estate and tenancy law matters.

Background:

Activum and Greenberg Traurig have a long-standing trusted relationship. The team led by Berlin Partner Philipp Osteroth advises Activum regularly on their investments in Germany and Europe.