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Clifford Chance advises MERA Real Estate B.V. on the sale of the Gertrudiscenter in Bochum to ILG

24 Oct 2017

A subsidiary of the Dutch company MERA Real Estate B.V. has sold the Gertrudiscenter in Bochum to ILG Capital GmbH, headquartered in Munich. ILG is acquiring the shopping centre for its open-ended special AIF "ILG Einkaufen Deutschland I". The vendor was advised by Clifford Chance.

The Gertrudiscenter is situated in a prime location in Bochum, directly adjacent to the market and the pedestrian zone as well as the Gertrudis square. The anchor tenants include Kaufland, Dirk Rossmann und Deichmann. The centre has a total lettable area of around 19,300 square metres, including around 13,300 square metres of retail space and a multi-storey car park with a total of 634 visitor parking spaces.

The Clifford Chance team comprised partners Thomas Reischauer and Dr. Fabian Böhm and associate Jörg Reinshagen (all Real Estate, Frankfurt).

Matter Type
Asset Sale: Seller's Counsel
Industry
Real Estate & Construction
News Category
Real Estate & Construction