Greenberg Traurig LLP
04/29/2026 | Press release | Distributed by Public on 04/29/2026 01:48
Greenberg Traurig Advises BGO on Entry into German Student Housing Market
BERLIN - April 29, 2026 - Global law firm Greenberg Traurig advised BGO, a global real estate investor, on the acquisition of K115, a student housing property in Cologne. With this transaction, BGO launches its Purpose-Built Student Accommodation (PBSA) strategy in Germany.
The student housing complex comprises 153 residential units in an established, centrally located student neighborhood with good university connectivity in Cologne and offers asset management potential. A joint venture between N17 Projects and Callidus Real Estate Capital serves as the operating partner; the PBSA operator CIV (NeonWood) has been commissioned to manage the property.
The acquisition marks BGO's first investment in the German PBSA segment and is part of a strategy focused on German university cities, encompassing both standing assets and refurbishments, conversions, and new developments.
Greenberg Traurig advised BGO in connection with all aspects of the transaction, including the management agreements.
Background:This transaction marks Greenberg Traurig's first project for BGO in Germany.
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