Clifford Chance advised the French institutional investor Amundi Real Estate on the acquisition of the office property OASIS II in Stuttgart.

Amundi was represented by IC Immobilien Group. The seller of the property is GIEAG Immobilien AG. The parties have agreed not to disclose the purchase price.

The office property OASIS II in Stuttgart's Pragsattel district was completed in June 2015. The property's 17,000 square metres of rental space are already fully let by tenants with long-term lease agreements including AKAD Private University, companies Christian Winkler and Golfhouse as well as a restaurant.

The Clifford Chance team was led by partner Dr. Gerold M. Jaeger (Real Estate, Frankfurt) and comprised partner Dr. Uwe Schimmelschmidt (Tax, Frankfurt) and counsel Dr. Dominik Thomer (Tax, Düsseldorf), counsel Henning Aufderhaar, associates Dr. Sebastian Schmitt and Manuel Lomb as well as transaction lawyer Marisol Peláez Romero (all Real Estate, Frankfurt).