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22.12.2015

GSK advises on a property acquisition and a joint venture agreement for a new hotel located at Munich’s eastern rail-way station

Munich’s east will have a further hotel. A joint venture of the project developers Phoenix Real Estate, Büschl and hotel operator Motel One that was advised by GSK Stockmann + Kollegen, acquired a property with a size of approx. 7,000 sqm located at the eastern railway station. The parties agreed not to disclose the purchase price.

Offices, apartments and a hotel shall be constructed as a block development on the brownfield area which formerly belonged to the timber business Grombach located at Rosenheimer Strasse 112, on the corner of Orleanstrasse.

GSK Stockmann + Kollegen comprehensively advised the purchaser, a joint venture of the project developers Phoenix Real Estate, Büschl and the hotel operator Motel One on all legal aspects in connection with the acquisition of the property and the joint venture agreement.


Advisor to the joint venture of Phoenix Real Estate, Büschl and Motel One:

GSK STOCKMANN + KOLLEGEN: Dr. Dirk Brückner (Lead, Real Estate), Dr. Bernhard Lass (Lead Hospitality), Dr. Mark Butt (Projects & Public Sector); Associates: Natalie Sochan, Philipp Dawirs (both Real Estate, Hospitality)

The deal news is available as download.

Contact at GSK Stockmann + Kollegen:
Dr. Dirk Brückner