Clifford Chance advised a foreign Family Office on the acquisition of a listed office building located in Mauerstraße 85, Berlin-Mitte. The vendor was represented by SHI Management GmbH, a Munich-based portfolio and asset manager.

The historic building is located in the neighbourhood of "Checkpoint Charlie" and deemed the oldest building in the street, it was comprehensively renovated by Dussmann group in the mid-1990ies. The building covers more than 2,700 sqm and is fully let to the BKK (statutory health insurance) umbrella organisation under a long-term lease.

The Clifford Chance team was led by partner Dr. Gerold M. Jaeger and included senior associate Dr. Sebastian Schmitt, associate Dominik Janson, transaction lawyer Marisol Peláez Romero (all Real Estate, Frankfurt) as well as partner Dr. Uwe Schimmelschmidt (Frankfurt) and counsel Dr. Dominik Thomer (Düsseldorf, both Tax).