Clifford Chance advises Züblin Immobilien Holding AG on the sale of its German real property portfolio
Clifford Chance advised Swiss Züblin Immobilien Holding AG on the sale of its German real estate portfolio consisting of twelve office buildings to CLS Luxembourg S.à r.l. The purchase price amounts to approx. EUR 152,2 million.
The office buildings are located in Hamburg, Stuttgart, Munich's suburb Germering, Düsseldorf, Dortmund, Wiesbaden, Marl and Witten. The properties generate annual rent totalling approx. EUR 10 million.