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GSK advises on the sale of Neue Hopfenpost in Munich

29 Jun 2015

GSK Stockmann + Kollegen advised MOM Mall of Munich Beteiligungs GmbH & Co. Objekt Hopfenpost KG on the sale of Neue Hopfenpost in Munich to an open-ended fund of Invesco Real Estate (IRE). The parties agreed not to disclose the purchase price.

Located between Munich Central Station and Bayerischer Rundfunk and with a gross floor space of 50,000 sqm the property offers retail spaces on the ground floor with the anchor tenants REWE, Aldi and Rossmann. Moreover, 21,300 sqm are used as data center.

In the past, the property belonged amongst others to DCM and was part of the Prime Office REIT.

GSK Stockmann + Kollegen comprehensively advised MOM on the sale by way of an asset deal.

Adviser MOM Mall of Munich Beteiligungs GmbH & Co. Objekt Hopfenpost KG:
GSK STOCKMANN + KOLLEGEN: Dr. Michael Eggersberger (lead Real Estate); Associates: Julia StraBe (Real Estate), Eva Linde (Public Sector).

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