Press Releases 14 Aug 2014

LPA advises CBRE Global Investors Germany GmbH again on the acquisition of a portfolio of three logistics assets in Germany


Press Release on 14 August 2014

Frankfurt am Main, 14 August 2014 – CBRE Global Investors Germany GmbH has acquired a portfolio of three logistics assets in Germany from an Austrian fund for EUR 61.6 millions.

The logistics assets in Bingen, Kassel and Ennigerloh were bought on behalf of a client from an open-ended fund managed by Raiffeisen Capital Management. They will be added to the four properties acquired earlier by CBRE Global Investors Germany GmbH for the same client. The three properties comprise 74,000 sqm and are let to Metro (Bingen), Volkswagen (Kassel) and B Logistik (Ennigerloh) on a 8.4 year weighted average lease term.

CBRE Global Investors Germany GmbH was assisted by LPA with Dr. Oliver M. Hübner (Partner, Frankfurt). He advised CBRE on the complete acquisition process, including legal due diligence, drafting, negotiating sale and purchase agreement, and post-signing advice.

LPA with German offices in Frankfurt and Munich offers services in several essential areas of business life: real estate, environment and sustainable development, public law, litigation and arbitration, banking and finance law, insurance, wealth and asset management, mergers & acquisitions and corporate law, taxation, employment and intellectual property.

The firm has implemented a proactive international development strategy, thanks to the opening of eight offices: Paris, Hong Kong (1998), Guangzhou (2005), Algiers (2007), Casablanca (2008), Shanghai (2008), Frankfurt (2011) and Munich (2013). LPA has also established close relations with partner firms in the world’s main business centers.



LPA Rechtsanwälte Steuerberater

Dr. Oliver M. Hübner, LL.M. (Edinburgh)

Savignystraße 18

60325 Frankfurt am Main

Tel.: +49 (69) 870000-455

[email protected]