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Deal Date: 19-02-2016 Practice Area: Real Estate
Deal Title: Amundi Real Estate/Ilmarinen Acquisition of Commerzbank Building, Frankfurt Industry: Real Estate Investment & Services
Description:
Clifford Chance advised an open fund, managed by French asset manager Amundi Real Estate, and Finnish mutual pension insurance company Ilmarinen, both of which advised by L'Etoile Properties, on the acquisition of an office building in the west of Frankfurt. The property was sold by a fund managed by JP Morgan Asset Management. The high-quality property with its first-class location and an aggregate rentable area of approximately 31,800 square metres is fully let to Commerzbank AG.
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