Ashurst advised Warburg-Henderson Kapitalanlagegesellschaft für Immobilien mbH ("Warburg-Henderson"), represented by HIH Hamburgische Immobilien Handlung GmbH ("HIH"), on the acquisition of "Altezza" office building in Munich's Westend. Warburg-Henderson acquired the property for its special fund Warburg-Henderson Deutschland Top 5. Altezza was sold by CBRE European Office Fund for an undisclosed consideration.

The Altezza building was completed in 2009. It totals approximately 24,6000 sqm of lettable space and more than 280 parking spaces. The main tenants include British Telecom, APO Bank and a law firm.

The Ashurst team was led by Frankfurt-based real estate partner Dr Liane Muschter. She was assisted by senior associates Dr Hendrik Theismann and Marcus Wirfs (both real estate). Partner Heiko Penndorf and associate Felix Krüger covered tax aspects (all Frankfurt), associate Maria Held covered cartel law aspects (competition, Munich).

Ashurst regularly advises Warburg-Henderson on real estate acquisitions and sales in Germany.

Warburg - Henderson is a joint venture between the independent German private bank M.M.Warburg & CO and the British investment management group Henderson Global Investors. The joint venture initiates funds for German and international institutional property investors. HIH acts as exclusive asset manager for Warburg - Henderson in Germany.