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GSK advises GIEAG on the sale of the office building OASIS II

GSK Stockmann + Kollegen advised GIEAG Immobilien AG (GIEAG) on the sale of its office building OASIS II to Amundi Immobilier. GIEAG is a project developer for commercial and residential real estate focusing on Southern Germany. The parties agreed not to disclose the purchase price.

Located at Leitzstraße close to Stuttgart’s Pragsattel, the recently completed multi-tenant building with a total rental area of approximately 17,000 sqm corresponds to all state-of-the-art requirements.

After a sophisticated project development phase OASIS II was constructed in less than 2 years and could be fully let even before the construction was finally completed. The office building with a project volume in the mid double-digit million Euro range is one of the larger developments in GIEAG’s history.

GSK Stockmann + Kollegen comprehensively advised GIEAG on the sale of the office building OASIS II, in particular on the drafting of the sales and purchase agreement and assisted in the closing and conclusion of the necessary amendments to the lease agreements.

Adviser to GIEAG Immobilien AG:
GSK STOCKMANN + KOLLEGEN (legal adviser): Dr. Thomas Haller (Lead, Real Estate), Dr. Petra Eckl (Tax); Associates: Dominik Berka (Tax), Alexander Spreitzer, Katrin Reisich (both Real Estate)

The deal news is available as download.

Contact at GSK Stockmann + Kollegen:
Dr. Thomas Haller