H Sat advised on the sale of the Seemaxx outlet centre in Radolfzell
The Frankfurt asset manager Kintyre and the international financial group Quilvest Capital Partners have acquired the Seemaxx Outlet-Center as of December 20, 2019. The seller was the Swiss family office H Sat. 35,000 sqm of commercial space in Radolfzell, Baden-Württemberg, includes a factory outlet centre, logistics and storage facilities as well as the office building with boiler house. The parties have agreed not to disclose the sales price. The transaction was completed through the acquisition of Hesta Beteiligungs-GmbH (owner and operator of the property).
A team of the commercial law firm HEUSSEN led by Partners Dr. Jan Dittmann (construction and real estate law, Munich) and Dr. Elmar Bickert (partner, construction and real estate law, Berlin) provided legal support to H Sat during the sale. Further team members were Dr. Ralf Busch (Partner, Labour Law, Munich), Alexander Jekeli (Partner, Corporate Finance, Munich) as well as Rupert Klar (Partner, Tax, Munich) and Franziska Reuber (Associate, Tax, Munich).
Real estate & construction law is one the mainstays of HEUSSEN. It comprises a total of 20 partners and 10 other highly qualified lawyers offering full-range consulting services in matters of real estate and construction law at all HEUSSEN offices. Their services range from legal assistance in real estate transactions, project development (incl. procurement of building approvals), legal supervision of planning and construction all the way to legal advice regarding inventory management and marketing (real estate sale and rental). Their clients include national and international real estate companies as well as real estate branches of banks and insurance companies, large and mid-sized construction companies, property owners, investors, real estate fund companies, plant suppliers, project developers, project managers, architects, engineers, brokers, builders and building advisors.