Clifford Chance advised CBRE Global Investors on the purchase of a portfolio consisting of ten logistics properties on behalf of two clients for approximately EUR 128.4 million. The vendor is Hellmich Unternehmensgruppe.

Six of these transshipment hubs for parcels are located in North Rhine-Westphalia, Germany, one near Kassel and the remaining ones in Baden-Wuerttemberg. The mechanised distribution centres, built between 2012 and 2015, are situated close to cities and are fully let on a long-term basis. The properties cover a lettable space of more than 50,000 square metres.

CBRE Global Investors is a global real estate investment management firm with USD 86.6 billion in assets under management as of December 31, 2016.

The Clifford Chance team was led by partner Dr. Gerold Jaeger and comprised senior associate Dr. Philipp Stoecker, associate Dominik Janson (all Frankfurt) and associate Alexander Shemyakin (Düsseldorf, all Real Estate), partner Dr. Jörg Rhiel and senior associate Carmen Büker (both Corporate), partner Tobias Schulten, senior associate Tanja Gropp and associate Jana Tschernig (all Banking & Capital Markets), partner Marco Simonis and counsels Anette Hofmann and Dr. Marie-Theres Rämer (all Tax) – all Frankfurt – as well as partner Marc Besen (Brussels/Düsseldorf), senior associate Dr. Dimitri Slobodenjuk and associate Anne Filzmoser (both Düsseldorf, all Antitrust).