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New infrastructure fund with anchor investment in Cellnex Netherlands

Jens<br>Kretzschmann Jens
Andreas<br>Kortendick Andreas
Lennart<br>Lorenz Lennart
Dr. Stephan<br>Bank Dr. Stephan
Dr.  Christian<br>Joisten Dr. Christian
Michael<br>Blank Michael
David<br>Wittek David
Dr. Niklas<br>Ulrich Dr. Niklas
Dr. Florian <br>Wilbrink Dr. Florian

Berlin – While working at SMP, members of the YPOG team have provided comprehensive legal advice on the establishment of the independent infrastructure fund Digital Infrastructure Vehicle (DIV) and tax advice on the anchor investment in Cellnex Netherlands.
DIV will focus on investments in digital infrastructure projects (fiber, towers and data centers) primarily in Europe. Deutsche Telekom and Cellnex will be anchor investors in DIV.
DIV's anchor investment is an acquisition of a 38% stake in Cellnex Netherlands, in which Deutsche Telekom and Cellnex combine their tower business in the Netherlands. Upon completion of the investment, Cellnex Netherlands will operate a total of 4,314 sites, including 180 new sites to be built within the next seven years.
For more information, please visit the Deutschen Telekom and Cellnex websites.

Advisors DIV:

Jens Kretzschmann (Lead, Fund Formation), Partner
Andreas Kortendick (Lead, Tax), Partner
Lennart Lorenz (Regulatory Law), Partner
Dr. Stephan Bank (Fund Formation), Partner
Matthias Enge (Fund Formation), Associated Partner
Dr. Christian Joisten (Tax), Associated Partner
Michael Blank (Fund Formation), Associate
Ramona Seufer (Tax), Associate
David Wittek (Tax), Associate
Dr. Niklas Ulrich (Regulatory Law), Associate
Dr. Florian Wilbrink (Fund Formation), Associate

About us

YPOG is a law firm specialized on tax and business law which is active in the core fields of Tax, Funds and Transactions. The team at YPOG represents a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations as well as private equity and venture capital funds. YPOG is one of the leading advisors for venture capital, private equity and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus and Chambers and Partners. Today, YPOG has more than 100 experienced lawyers and tax specialists and a notary, in three offices in Berlin, Hamburg and Cologne.