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Deal Date: 03-08-2011 Practice Area: Real Estate
Deal Title: Sale of the health centre Giesing Industry: Real Estate Investment & Services
Description:
Clifford Chance advised the Investa Property Group on the sale of the health centre Giesing, Munich (Germany), to Raiffeisen Investment AG. The health centre, which was completed in 2009, has 7,500 sqm of floor space available to let and the ground floor is rented out to a pharmacy, a health and beauty retailer and several other stores. Doctor's surgeries are located on the upper floors and there is also a dialysis centre. Investa Immobiliengruppe is an independent service provider developing new and existing real estate in Germany. Since its foundation in 1972, the group has developed properties with an investment volume of over three billion Euros. The Clifford Chance team consisted of partner Cornelia Thaler and senior associate Dr. Kristina Jaeger (both Real Estate, Frankfurt).
Financial Center: Frankfurt Value: 0.00-100.00
Advised Party: Seller Law Firm
Real Estate Jurisdiction Germany Purchaser Jurisdiction Germany
Classification: Real Estate Acquisitions and Disposals
Lawyer Cornelia Thaler