Joachim Herz Stiftung makes a strategic investment into Competo Capital Partners GmbH: The Hamburg based foundation acquires 25% of the Munich based investment and asset management company from Körber Stiftung. Competo founders Ralf Simon and Thomas Pscherer will be equal shareholders with Joachim Herz Stiftung and Körber Stiftung. After several real estate investments in the USA, this investment marks the entry of Joachim Herz Stiftung in the German real estate market.

The worldwide market research company GfK in Nuremberg has concluded a lease agreement for its new headquarters in Nuremberg. The company is now able to combine its locations distributed throughout the city at one location in a new building complex build for the company at the location "Am Kohlenhof".

To what must attention be paid when transferring data to the USA and other foreign countries? Data transfers to the USA can no longer be based on the so-called Safe Harbor Framework. The ECJ decided this in the fall of 2015. It is necessary to rely on alternatives since then: standard contract clauses or the privacy shield which took effect in July.

GvW is among the law firms which are most frequently recommended by in-house lawyers. According to the current ranking kanzleimonitor.de 2016/2017, "the law firm again improved and reached place 21 this year" (total ranking Top 100: number of recommending companies). The law firm is now recommended in 16 areas of the law, including foreign trade and export controls as well as public law, in each case with a Top 3 ranking.

Gateway Real Estate AG has acquired a shopping center in Bavaria near Regensburg, and the transfer of the benefits and burdens is planned to take place soon.


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