Clifford Chance advised Babcock & Brown LP Retail 39 S.à r.l. & Co. KG und Babcock & Brown LP Retail 40 S.à r.l. & Co. KG on the sale of the Arabella Center Frankfurt. It was agreed not to disclose the purchase price.

The Arabella Center Frankfurt is situated at the Frankfurt business district Niederrad and consists of an office building, a residential building, a hotel and a shopping gallery. The area also comprises parking slots and an underground carpark.

Babcock & Brown had acquired the Arabella Center Frankfurt in August 2007 in connection with the takeover of real properties from the Bayerische Bau und Immobilien Group.

The Clifford Chance team comprised partner Dr. Patrick Biagosch and associate Martin Kerscher (both Corporate, Munich).