A fund managed by J.P. Morgan Asset Management - Real Global Assets together with Proximus Real Estate AG has acquired a historic landmark building in Cologne's central banking district with appr. 35,000 sqm located in the immediate vicinity of Cologne's cathedral. Main tenant of the building is Deutsche Bank AG alongside other financial institutions.

Hengeler Mueller advised the acquirers on all aspects of the transaction, including the refinancing of existing debt. The Hengeler Mueller team was led by partner Daniel Kress (Real Estate/Real Estate Finance, London) and included associates Lars Voigt (Real Estate, Frankfurt), Andreas Lischka (Real Estate Finance) and Thomas Nebel (both Corporate, London).