Dentons advised IREIT Global on the acquisition of an office complex in Munich. It is the “Quartier Pinus” located in the business park “Concorpark” in Munich-Aschheim, which is let to Ebase, Allianz and STM. The seller was Münchner Grund Immobilien Bauträger AG, a subsidiary of the Austrian stock-listed UBM Realitätenentwicklung.
The financing was managed through DekaBank Deutsche Girozentrale.
IREIT is a real estate investment trust located in Singapore. The purchase of the portfolio was effected immediately after the stock market listing on August 13, 2014
Advisor IREIT Global:
Dentons (Berlin): Dirk-Reiner Voss (Partner, leading, Real Estate), Hauke Thieme (Partner, Tax), Sebastian Schmid (Counsel, Real Estate), Boris Strauch (Counsel, Real Estate), Thomas Kaspelherr (Counsel, Real Estate Financing), Dr. David Lange (Associate, Real Estate)