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Deal Date: 05-03-2015 Practice Area: Real Estate
Deal Title: Union Investment Sale of ABC-Forum, Hamburg Industry: Real Estate Investment & Services
Description:
Clifford Chance advised Union Investment on the sale of its residential and office building "ABC-Forum" in Hamburg to an institutional investor. The property was held by its open-ended real estate fund UniImmo: Deutschland. The parties have agreed not to disclose the purchase price. Centrally located in Hamburg's city centre, the "ABC-Forum" is composed of two parts - an eight-storey residential and retail building and a seven-storey office building - with a total of 12,633 squared metres rental space. The Clifford Chance team comprised partner Cornelia Thaler, counsel Dr. Kristina Jaeger and senior associate Dennis Blechinger (all Real Estate, Frankfurt).
Financial Center: Frankfurt Value: 0.00-0.00
Advised Party: Seller Law Firm
Real Estate Jurisdiction Germany Purchaser Jurisdiction Germany
Classification: Real Estate Acquisitions and Disposals Office
Lawyer Cornelia Thaler