Simmons & Simmons has advised Deutsche Wohnen AG on the acquisition of a nursing home portfolio from the LebensWerk group. The acquisition comprised both the four nursing homes with a total of 425 place located in Berlin as well as the operating company.
Frankfurt based Deutsche Wohnen AG is the largest listed real estate group in Germany.
The Simmons & Simmons team was led by Corporate partner Dr Volker H Holl who previously advised Deutsche Wohnen AG on a number of nursing home acquisitions. He was assisted by Corporate Counsel Frank Hollstein and Real Estate Counsel Matthias Wagner. Specialist advice was provided by Dr Peter Meyer and Dr Martin Gramsch (Antitrust) and Dr Daniel Schultheis (Employment).
http://www.simmons-simmons.com/en/News/2013/02-Feb/Deutsche-Wohnen-AG-A…