12 April 2016 Press releases

GvW Graf von Westphalen advises on the sale of a C&C portfolio MAS Real Estate

Upon instruction by an SPE of a leading European real estate investment manager, GvW Graf von Westphalen advised on the sale of a portfolio  consisting of three German wholesale properties to the institutional investor MAS Real Estate.

The so-called "Thales" portfolio consists of three cash & carry market in in Wiesbaden, Maulburg and Freudenstadt which are under long-term leases to Edeka.  The lettable space is a total of around 21,800 m². The purchase price was around EUR 28.4 Mio.

The Frankfurt partner Dr Bettina Schmitt-Rady (lead) and a team consisting of  Andrea Torka, LL.M., Johannes Schuhmann and Dr Bettina Buddenberg (all Real Estate, Frankfurt) as well as Dr Frank Tschesche, LL.M., and Lars-Olaf Leskovar, LL.M. (Tax, Frankfurt) advised on the transaction.

Stay informed

You don't want to miss any more of the latest legal developments? And be invited to our events? Then register here.