The investor is taking over the planning and construction of the sports facility in Ernst-Abbe-Sportfeld-Jena and will operate it for 25 years in a joint operating company with the City of Jena. The Free State of Thuringia is supporting the project with a grant of 11 million euros. The remaining construction investment is being financed. The stadium will have a capacity of approximately 15,000 and will not only be suitable for professional sports, but also be home to popular sports and a supra-regional event center.
Luther provided comprehensive support for the project, including public procurement and contract law as well as corporate and state aid law.
For the City of Jena:
Luther, Public Procurement Law: Stephan Finck (Partner, Lead), Karsten Köhler (Partner), Daniel Naumann (Senior Associate)
Luther, State Aid Law: Helmut Janssen (Partner), Barbara Schmidt (Partner), Lukas Kienzle (Associate)
Luther, Corporate Law: Denis Ullrich (Partner), Anne Biebler (Associate)