Real I.S. accompanied in the acquisition of the TechPark in Erlangen
Munich-based Real I.S., a subsidiary of Bayern LB with property assets of around EUR 7 billion under management, has acquired TechPark in Erlangen with a total usable space of 11,500 sqm. The seller is the real estate developer Sontowsky & Partner. The office property was acquired for a real estate special AIF. The transaction was partly financed via the crowdinvestment platform Zinsbaustein. A total of 291 investors invested EUR 1.25 million in the property through subordinated bonds. The total volume was EUR 25 million. The Sparkasse Erlangen financed the main share with EUR 22.5 Million.
A team from the commercial law firm HEUSSEN headed by its partner Christoph Hamm provided legal advice to Real I.S. on the acquisition. Further team members were Bernhard Schex (partner), Rupert Klar (partner), Dr. Nicole Wolf (associate) and Charlotte Zais (associate), all from Munich.
HEUSSEN: Among the best law firms in public procurement law at WirtschaftsWoche
For the second time since 2014, WirtschaftsWoche (WiWo) has selected Germany's top law firms and top lawyers for public procurement law - an area in which EU-wide invitations to tender for public contracts amount to more than two trillion euros per year, in Germany alone more than 440 billion euros. This makes it even more important to find out which law firms and lawyers in Germany have earned a first-class reputation through their practical work.
As in 2014, the procurement law practice of HEUSSEN and its Partner Uwe-Carsten Völlink are among the top players in 2018 as well.
Accompanied ehret + klein in the acquisition of a real estate portfolio with 13 properties in a share deal
Franconia Portfolio Verwaltungsgesellschaft mbH, a company of the ehret+klein Group based in Starnberg, took over a real estate company of the P&P Group based in Fürth together with a partner on 9 November 2018. Together with the real estate company, ehret + klein takes over its real estate portfolio with a total of 13 properties, three of which are partially owned. The properties are in Nuremberg, Fürth, Bamberg and Lauf a. d. Pegnitz. The centrally located properties have a rental area of around 22,500 m², of which around 14,100 m² are commercial properties (60%) and approx. 8,400 m² residential properties (40%). The parties have agreed not to disclose the purchase price.
A team of the commercial law firm HEUSSEN headed by partner Dr. Jan Dittmann advised ehret + klein on the legal aspects of its acquisition. Other team members were Dr. Johannes Weidelener, LL.M. and Alexander Jekeli, both partners in Munich and partner Michael Wichert from Berlin.
For more information, please contact: Dr. Jan Dittmann
HEUSSEN cocktail reception on the occasion of the IBA Annual Conference 2018 in Rom
Almost 200 lawyers from all over the world attended the HEUSSEN Cocktail Reception at the Terrazza dei Cavalieri di Rodi overlooking the Imperial Forum for exchange and networking in the early evening during the IBA Annual Conference 2018 in Rome.
HEUSSEN: Labour law and mediation listed by FOCUS Top Commercial Law Firms 2018
In 2018, HEUSSEN is again one of the top recommended commercial law firms in Germany, according to the result of the annual survey conducted by the market research company Statista for the news magazine FOCUS. HEUSSEN was selected for the two practical areas of labour law and mediation.
HEUSSEN has been recommended by colleagues and clients alike in these two specialist areas and is therefore ranked among the top commercial law firms.
Industria advised on portfolio sale worth more than EUR 1 billion
Industria Wohnen, the real estate subsidiary of Degussa Bank, has sold the real estate portfolio of its real estate special fund Wohnen Deutschland. The buyer is the Danish PFA. The Century portfolio comprises 33 residential properties. The purchase price amounts to approximately 900 million euros (net), the total investment volume including development potential is estimated at approximately 1.2 billion euros gross.
A team of the commercial law firm HEUSSEN under the direction of partner Christian Weinheimer advised Industria on the sale.
Wöhr + Bauer assisted in the purchase of three office towers in Eschborn
The Munich project developer Wöhr + Bauer acquired an office ensemble with 22,000 m² Rent and 1.5 hectares of land in Eschborn. Seller is the Karl Group from the Bavarian Innernzell. The office ensemble, consisting of three empty, eight-storey office buildings will be used for commercial and residential purposes in the future. The purchase price has been agreed not to disclose anything.
A team of the commercial law firm HEUSSEN under the direction of partner Dr. Jan Dittmann has advised Wöhr + Bauer on the acquisition.
BlueRock advised on the sale of Techem Headquarters in Eschborn
The BlueRock Fund has sold the headquarters of energy service provider Techem Energy Services GmbG in Eschborn to a Luxembourg fund. The parties have agreed not to disclose the purchase price. However, BlueRock director Ronny Pifko speaks of a "profitable sale" and the associated "excellent return".
A team of the commercial law firm HEUSSEN under the direction of partner Dr. Jan Dittmann advised BlueRock on the sale.
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