Clifford Chance has advised the investment company RFR Holding on its takeover of the Karstadt building in Munich. The property's total floor space of 56,000 m² is spread across six floors and is leased exclusively by the German department store chain Karstadt. The building also has an underground car park providing 500 parking spaces.

The vendors were the investment company Signature Capital and Europa-Fonds Episo 3.

The Clifford Chance team was led by partner Thomas Reischauer and comprised senior associate Dr. Sebastian Schmitt, associates Anne Michaela Voigt, Jörg Reinshagen and transaction lawyer Marisol Peláez Romero (all Real Estate), partner Joachim Hasselbach and associate Paul Bock (both Corporate/Private Equity), partner Thorsten Sauerhering and associate Markus Kallenbach (both Tax) – all Frankfurt – and partner Marc Besen (Brussels/Dusseldorf) and senior associate Dr. Dimitri Slobodenjuk (Dusseldorf, both Antitrust). The team also included associates Sascha Nolte and Tim Doll from the Luxembourg office (both Corporate).