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Ashurst advises Warburg-HIH Invest on acquisition of Carré Göttingen shopping centre

13 Feb 2018

Ashurst advised Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) on the acquisition of the Carré Göttingen shopping centre for a special fund it manages. Carré Göttingen was sold by Kilderkin S.a.r.l., Luxembourg, a special purpose vehicle of Resolution III Holding.

Carré Göttingen, located at the beginning of the city of Göttingen's main shopping street, Weender Straße, was built in 1974 and last modernised in 2014. The shopping centre offers more than 14,000 square metres of fully let commercial space on four floors. The main tenants include Saturn, tegut, TK Maxx and dm. The shopping complex also has an adjoining car park with approximately 300 parking spaces.

The Ashurst team was led by partner Dr Liane Muschter comprising partner Dr Hendrik Theismann, the associates Daniela Kowalsky, Nader Mehrinfar and Felix Bergfort as well as paralegals Anja Stötzel and Abdulruhman Al Edel (all real estate). Partner Dr Martin Bünning and the associates Carina Park and Philipp Lorberg advised on tax, partner Jan Krekeler on corporate law (all Frankfurt).

Ashurst's longstanding client Warburg-HIH Invest is a real estate investment manager serving institutional investors and covering the entire spectrum of national and international real estate investments.

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Real Estate & Construction
News Category
Real Estate & Construction