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01.04.2016

GSK advises on the sale of the BayWa headquarter in Munich

GSK Stockmann + Kollegen advised the joint venture of Competo Capital Partners GmbH and the BayWa AG on the sale of the new BayWa headquarter in Munich to Wealthcap. The purchase price amounts to approximately EUR 280 mio.

The multi-storey building located at Arabellapark is currently completely revitalised and enlarged with a campus building. The sellers are Competo and BayWa AG who each own 50% of the property. Upon its planned completion in October 2017, the property offers approximately 54,000 sqm office spaces. BayWa will rent the spaces for 20 years. Wealthcap intends to integrate the Landmark-property into a Special-AIF.

GSK Stockmann + Kollegen comprehensively advised the joint venture partners, in particular on the structuring, the corporate set-up of a share deal, financing and tax law aspects and supported the tender process and sale.

Already in 2012,GSK has comprehensively advised Competo on the foundation of the joint venture with the BayWa AG in connection with the BayWa headquarter.


Advisor Joint Venture of Competo Capital Partners GmbH and BayWa AG:

GSK STOCKMANN + KOLLEGEN: Dr. Dirk Brückner (Lead Real Estate), Dr. Andreas Bauer (Lead Corporate/M&A), Dr. Alma Franke (Finance), Stefan Dorn (Project Development), Dr. Dirk Koch (Tax), Dr. Susanne Radlsbeck (Real Estate), Andreas Dimmling (Corporate/M&A); Associates: Dr. Marcel Vietor, Sebastian Dittrich (both Corporate/M&A), Natalie Sochan (Real Estate), Dominik Berka (Tax)

The deal news is available as download.

Contact at GSK Stockmann + Kollegen:
Dr. Dirk Brückner
Dr. Andreas Bauer