Press Release on 9 November 2015
Munich, 9 November 2015 – LPA has advised an international real estate investor who has acquired a German shopping mall by way of an asset deal.
The seller is located abroad and a Real Estate Private Equity Fonds. The volume of the trans-action is somewhere in the double digit of million Euro range. The actual purchase price will not be disclosed due to confidentiality agreed between the parties.
The object consists of a total of 17,000 sqm lettable area in a central located city in Saxony-Anhalt. In addition to retail space the shopping mall also includes a significant residential and office space.
LPA has repeatedly advised the buyer on real estate acquisitions in Germany.
LPA Munich: Dr. Bernd Spieth (Partner, lead advisor, Real Estate), Dr. Stefanie Riebel (Partner, Public Law), Marcel Graf (Associate, Real Estate), Sebastian Schneider (Associate, Real Estate)
GÖRG Rechtsanwälte, Munich
|LPA Rechtsanwälte Steuerberater|
|Dr. Bernd Spieth|
|Weißenburger Straße 10|
|phone: +49 (89) 242072555|