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Deal Date: 27-02-2014 Practice Area: Real Estate
Deal Title: Tilad Purchase of BMW Logistics Centre in Niederaichbach, Munich Industry: Real Estate Investment & Services
Description:
DLA Piper advised Tilad, a multi-family office based in the Gulf region, on the acquisition of the BMW Logistics Centre in Niederaichbach near Munich. The acquisition was made by way of an asset deal, and was sold by IM Properties plc, one of the UK's largest property companies. Tilad led a consortium of investors from the Middle East. The BMW Logistics Centre, with about 98,540 square metres area in total, was the first acquisition in Germany made by the consortium. The DLA Piper team led by Fabian Muehlen included Fabian Hinrichs (both Real Estate), Torsten Pokropp (Finance and Projects), Falko Tappen (Tax) and Andrea Muenchen (Restructuring).
Financial Center: Frankfurt Value: 0.00-0.00
Advised Party: Purchaser Law Firm
Real Estate Jurisdiction Germany Purchaser Jurisdiction UAE
Classification: Real Estate Acquisitions and Disposals Warehouses
Lawyer Fabian Muehlen