The DIVAG Group is constructing in the Rheinpromenade in Monheim a three star comfort hotel with 178 rooms and 3,000 m² office space. The Düsseldorf company has now announced this. The project developer is a joint venture consisting of Divag Konzept + Planung and LO-projects.
Starting in fall of this year, construction of the four floor hotel and office complex is supposed to begin. The opening of the hotel under the brand "Comfort" of the group Choice Hotels is planned for the beginning of August 2018. The investment volume is estimated to be EUR 25 million.
The DIVAG Group is currently realizing a further project at the Hafenspeicher Neuss with the support of GvW. 15,000 m² office space is being built in two storage buildings which are under protection as historic landmarks and a newly constructed complex.
GvW acted for the DIVAG Group with a team from various offices under the leadership of Dr Thomas Senff (construction law, Düsseldorf) and Dr Kurt Luka (real estate law, Hamburg) with Christian Mayer-Gießen (corporate law, Hamburg), Dr Ulrich Schroeder (Hotels & Hospitality, Berlin), Dr Patrick Wolff (banking and capital markets law, Hamburg), Dr Sven Donner (real estate, Berlin) and Lutz Leonard Lamprecht (leases, Hamburg).
GvW Graf von Westphalen advised the transmission system operator 50Hertz on the award of a major contract for the North Sea Connector 2 offshore grid connection project. The project involves the planning, construction, installation and commissioning of a converter system comprising an offshore converter platform in the North Sea and an onshore converter station in Mecklenburg-Western Pomerania. The North Sea Connector 2 project is intended to connect offshore wind farms in the North Sea to the German electricity grid in future.
GvW Graf von Westphalen has advised Primepulse and Vsquared Ventures on the Series C financing round of NEURA Robotics GmbH. The transaction ranks among the largest venture financing rounds in the European startup ecosystem to date.
GvW Graf von Westphalen has advised Ethereal Space, Inc., a pioneering commercial space company, on space and satellite law matters and the establishment of its affiliate Ethereal Space GmbH.

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