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Deal Date: 08-03-2016 Practice Area: Real Estate
Deal Title: Warburg-HIH Acquisition of theTurmCarree, Frankfurt Industry: Real Estate Investment & Services
Description:
Ashurst advised Warburg-HIH Invest Real Estate GmbH on the acquisition of the mixed-use property development TurmCarree in the city of Frankfurt by way of an asset deal. The property was sold by the Engel and Kolb families. The acquisition was made for the portfolio of the TOP 7 Deutsche Metropolen Immobilien Invest open-ended property special fund, which was set up for institutional investors in cooperation with NORD/LB Norddeutsche Landesbank.
Financial Center: Frankfurt Value: 0.00-0.00
Advised Party: Purchaser Law Firm
Real Estate Jurisdiction Germany Purchaser Jurisdiction Germany
Classification: Real Estate Acquisitions and Disposals Mixed-Use Schemes
Lawyer Liane Muschter