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GSK advises KLAPPAN Group on the sale of the office building Montgelas Park in Munich to Zurich Insurance

GSK Stockmann + Kollegen advised the Bamberg-based KLAPPAN Group on the sale of the Montgelas Park office complex in Munich Alt-Bogenhausen to Zurich Insurance. Silence has been agreed on the purchase price.

The property was completed in 2013 and has a LEED Gold certification in the Core & Shell category (LEED C & S). The rentable area of approximately 7,400 sqm spreads over six floors. Both the office spaces and the 68 parking spaces are fully rented.

GSK Stockmann + Kollegen has provided comprehensive legal advice to the KLAPPAN Group in the structured sales process. These included, among other things, the preparation of a legal vendor due diligence, the support of the data space phase and drafting and negotiation of the property purchase agreement. GSK Stockmann + Kollegen was able to attract the KLAPPAN Group as a new client as part of this transaction.

Advisor KLAPPAN:

GSK STOCKMANN + KOLLEGEN: Dr. Dirk Brückner (Lead, Real Estate), Stefan J. Schlapka (Real Estate); Associates: Mechtild-Maria Siebke, Natalie Sochan (both Real Estate), Christian Kullick (Projects & Public Sector).

Jones Lang LaSalle GmbH

WITTE Projektmanagement Munich

Contact GSK Stockmann + Kollegen:
Dr. Dirk Brückner