Dentons advises Mitiska REIM on strategic joint venture to expand its portfolio of next-generation storage facilities

Global law firm Dentons has advised Mitiska REIM on a strategic joint venture with HeyLager. HeyLager develops and operates hybrid drive-up self-storage solutions that combine drive-in storage units and garages with walk-in storage spaces for residential and commercial users.

The joint venture aims to accelerate the rollout of the HeyLager concept in Germany. Through the Mitiska European Real Estate Partners 3 Fund (MEREP 3), 15 to 20 additional locations will be acquired and developed in the coming years. In the second phase, the portfolio will be expanded to a total of 50 locations nationwide.

Mitiska REIM is a leading pan-European specialist investor and fund manager for "convenience real estate" with a focus on retail parks, logistics, light industrial, and self-storage properties.

Dentons provided comprehensive legal advice to Mitiska REIM on all aspects of the transaction. Mitiska REIM was also advised by PwC (tax) and Savills (commercial).

Advisors:

Dentons (Frankfurt/Berlin/Dusseldorf/Munich):

Real Estate: Dr. Maximilian Schulte (Lead Partner), Samira Bouzakri (Senior Associate, both Frankfurt), Laura Appell (Counsel, Berlin)

Corporate/M&A: Sebastian Klingen, Dr. Tobias Bünten (both Partner, Düsseldorf)

Tax: Dr. Andreas Berberich (Partner, Munich)

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