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Deal Date: 07-03-2017 Practice Area: Real Estate
Deal Title: Amundi Real Estate Acquisition of the Rocket Tower, Berlin-Kreuzberg Industry: Real Estate Investment & Services
Description:
Clifford Chance advised an open fund managed by Amundi Real Estate on the acquisition of the Rocket Tower in Berlin-Kreuzberg. Amundi was joined by L'Etoile Properties, who would henceforth act as property manager. The seller of the high-quality office building was a fund managed by JP Morgan Asset Management. The Rocket Tower is situated in Charlottenstrasse 4 in Berlin's city centre comprising a total rental area of approximately 28,200 square metres mainly let to Rocket Internet.
Financial Center: Frankfurt Value: 0.00-0.00
Advised Party: Purchaser Law Firm
Real Estate Jurisdiction Germany Purchaser Jurisdiction France
Classification: Real Estate Acquisitions and Disposals Office
Lawyer Gerold M Jaeger