Latham Advises Mainova WebHouse on Joint Venture With Tishman Speyer

Latham & Watkins has advised Mainova WebHouse GmbH (Mainova WebHouse), a subsidiary of Mainova AG, on a strategic agreement with Tishman Speyer, a leading global real estate developer and investment manager. Mainova WebHouse specializes in the planning, construction, and operation of sustainable data centers.

The agreement includes the option for a joint venture to develop data centers on a 75,000 sqm site in Frankfurt; a significant waste heat capacity is to be delivered to Mainova’s district heating grid.

The Latham team was led by Frankfurt partners Alexander Stefan Rieger and Otto von Gruben and associate Pascal Wagenführ, with counsel Sven Nickel and associates Joscha Müller, Johannes Groß, Annika Bilics, Janina Fey, and Adrian Pandza. Advice was also provided on IP matters by partner Susan Kempe-Müller, with associate Daniela Jaeger; on regulatory matters by counsel Joachim Grittmann; on finance matters by associates Anastasia Dressler and André Traute; on antitrust matters by associate Helena Hofmann; and on tax matters by Hamburg partner Tobias Klass.