Noerr has advised DIC Asset AG on a portfolio transaction. A team of Noerr’s Real Estate Investment Group (REIG) led by the partners Professor Alexander Goepfert and Dr Alexander Jänecke assisted the real estate company in the sale of office properties in Berlin and Hannover to funds managed by J.P. Morgan Asset Management. The properties have office space totalling ca. 44,000 square metres.

Earlier this year, a team also led by Alexander Goepfert and Alexander Jänecke advised DIC Asset on the sale of the Erfurt F 1 centre. The F 1 centre was purchased by a fund managed by Schroder Real Estate.

Noerr LLP’s Real Estate Investment Group, which is led by Professor Alexander Goepfert, consists of more than 60 experts from all disciplines of relevance to the real estate industry and with its interdisciplinary collaboration and network has created a service offering which is unique in the real estate sector. Based on this strategic approach, the REIG has been able over the past few years to continuously increase its market share, being the market leader in Germany in 2014 with its participation in four out of the top 10 transactions (source: Thomas Daily). The REIG also advises on a number of real estate transactions in the mid-cap area.

Advisors to DIC Asset AG: Noerr LLP

Professor Alexander Goepfert (Frankfurt/Düsseldorf), Dr Alexander Jänecke (Frankfurt, both lead, both REIG/Real Estate), Dr Peter Bachmann (Munich, REIG/Public Law)

Associates: Michael Achtert, Dr Dennis Lepczyk (both Frankfurt, both REIG/Real Estate), Tim Uschkereit (Munich, REIG/Public Law)