The global law firm Jones Day is pleased to announce that Titus Noltenius, a lawyer practicing in the area of real estate and investment law, will shortly join the Firm as an associate in the Frankfurt Office. Mr. Noltenius is the former general counsel of Aberdeen Asset Management Deutschland AG, where - among other responsibilities - he was in charge of the DEGI fund family. Most recently he held a senior position as in-house counsel with the German Association of Investment and Asset Management (Bundesverband Investment und Asset Management, BVI). He will work closely with Frankfurt real estate, investment law, and tax partners Sandra Kamper, Dr. Lutz Hülsdunk, and Dr. Martin Bünning, and his practice will complement their experience and client base in the German open ended fund environment.
"We consider Titus one of the leading young investment law attorneys in Germany," said Jürgen Reemers, Partner-in-Charge of Jones Day's Frankfurt Office. "He combines substantial legal experience at one of the largest global asset and investment managers with an in-depth involvement in some of the major legislative developments in the German real estate investment sector, such as the introduction of G-REITs and the proposed investment law and tax reforms currently being undertaken, either as a result of, or in connection with, the AIFM and MiFID directives."
Mr. Noltenius started his career at DEGI in 2005 working on the €2 billion sale of the Dresdner Bank real estate portfolio to Fortress. Subsequently, his responsibilities included the setup and compliance management of a various special and public funds, the post acquisition integration of DEGI into the Aberdeen group, and the creation of an in-house legal department for Aberdeen Asset Management Deutschland AG, which he coordinated. At BVI, Mr. Noltenius was in charge of a wide variety of real estate investment law matters, with a special focus on cross-border and policy issues.
"Titus' hire comes at a time where many of our international real estate clients discover the qualities of the German open ended fund environment as a tax-efficient platform for real estate investments domestically and abroad," said David Roberts of Jones Day's London Office, one of the Firm's global Real Estate Practice leaders. "With him on board, real estate funds regulated under the Investment Act can now benefit even more from our integrated and seamless reach into major real estate markets across the globe."
Jones Day is a global law firm practicing in the major centers of business and finance throughout the world. Ranked among the world's best and most integrated law firms, and perennially ranked among the best in client service, Jones Day acts as principal outside counsel to, or provides significant legal representation for, approximately half of the Fortune 500, Fortune Global 500, and FT Global 500.
Jones Day's Real Estate Practice comprises more than 130 lawyers worldwide. Jones Day Germany has 80 lawyers resident in the Frankfurt, Munich, and Düsseldorf offices, ten of whom concentrate on real estate transactions, investment law, real estate finance, and real estate tax.
(Press Release by Jones Day)
