This entire portfolio of healthcare assets comprises approximately 8,600 beds, located mainly in Munich, Hamburg and Dresden. Some multi-tenant properties are also included in the portfolio. With this acquisition, Primonial exceeds the threshold of 10 billion in total real estate assets and 3 billion in nursing care facilities. LPA has been advising Primonial regularly in France and Germany and was again mandated for this extensive transaction.

LPA can rely on extensive expertise through a variety of accompanying transactions by French buyers and close collaboration with its Paris office. GSK Stockmann + Kollegen advised in support of LPA on the due diligence and antitrust law issues. Again, the Broadlaw Group's network provided the opportunity for another efficient collaboration of the firms. Regarding Luxembourg law, Clément & Avocats was again mandated.

Advisors Primonial REIM:

LPA Munich: Dr. Fabian Tross (Lead), Dr. Bernd Spieth (Corporate, Tax), Andreas Feuerstein (Finance), Marcel Graf, Victoria Zilliken, Loreen Werner, Katarina Kre-covic, Lara Luxenhofer (Real Estate), Gerhard Köglmeier, Sebastian Schneider (Corporate), Dr. Stefanie Riebel (Public Sector)

LPA Paris: François Fabre-Falret, Silke Nadolni, Chloé Thieblemont

GSK Stockmann + Kollegen: Dr. Olaf Schmechel, Dr. Philip Huperz, Christoph Kirsch (Real Estate / Health Care Sector), Dr. Jan Hennig, Dr. Nicola Wiesinger (Public Sector), Wolfgang Jegodka (Antitrust)

Clement & Avocats as to Luxembourg law: Christophe Clément, Ted Fischer