Clifford Chance advised West Register Libori Galerie Paderborn GmbH, a subsidiary of The Royal Bank of Scotland plc. (RBS), on the sale of the Libori Galerie, Paderborn, Germany, to a subsidiary owned by CORESTATE CAPITAL Fund Management S.à r.l. by way of an asset deal.

Libori Galerie was opened in 1995 and is located in the city centre of Paderborn. It comprises of 16,000 m² retail and office space as well as 15 residential units  and a car park accommodating around 500 parking spaces.

The Clifford Chance team comprised partner Dr. Christian Trenkel (Real Estate, Munich), partner Dr. Felix Mühlhäuser, Counsel Dr. Marie-Theres Rämer (both Tax, Frankfurt) as well as senior associates Martin Barlösius (Real Estate, Munich) and Markus Böhn (Real Estate, Frankfurt).