Clifford Chance has advised European Property Investors Special Opportunities 3 (EPISO3), a fund managed by Tristan Capital Partners, on the acquisition of a German real estate portfolio worth EUR 117.5 million. The properties were sold by three funds managed by DG ANLAGE Gesellschaft mbH.
The portfolio consists of 14 properties predominantly located in Berlin, Frankfurt and Leipzig, covering a total rental space of more than 93,000 square metres.
Tristan Capital Partners is an independent London-based real estate investment management company currently managing assets with a total value of approximately EUR 5 billion.
The Clifford Chance team included partner Cornelia Thaler, senior associate Dennis Blechinger, associate Bernd Bäumer, senior transaction lawyer Anja Roth and transaction lawyer Elmostafa Habib (all Real Estate, Frankfurt).
A team led by Cornelia Thaler regularly advises Tristan Capital Partners, most recently on the sale of Düsseldorf's "Dieterich Karree" and on the office building "BBW Bürohaus Bockenheimer Warte" in Frankfurt am Main as well as the acquisition of "Neustadt-Centrum" in Halle an der Saale and the sale of the Karstadt real property on Frankfurt's shopping street "Zeil".