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17.08.2017

GSK Stockmann advises BHB Bauträger GmbH Bayern on sale of majority shares of Perlach Plaza in Neuperlach/ Munich

GSK Stockmann advised BHB Bauträger GmbH Bayern on the sale of majority shares of the special areas 1 to 3 at Hanns-Seidel-Platz in Munich. Purchaser is the Munich-based CONCRETE Capital GmbH.

In the scope of a share deal, majority shares of the special areas (construction fields SO 1-3, located at Hanns-Seidel-Platz in München-Neuperlach) were sold to CONCRETE Capital. BHB Bauträger continues to be involved in the project as a minority partner. Along Thomas-Dehler-Straße, BHB and CONCRETE Capital are realizing jointly three interconnected buildings with a total floor area of approximately 30,000 sqm.

A hotel with approximately 150 rooms, 120 rental apartments with a total area space of 8,000 sqm, student apartments on 3,000 sqm and 13,000 sqm of retail space are planned. Start of construction is 2019.

Under the designation Perlach Plaza, the project will take a new key position as a district center in the “New center of Neuperlach”. Already in July, BHB began with construction works of 174 apartments on the adjoining property to the Plaza. Under the name Loge No. 1, on that property 86 apartments with one to three rooms will be built.

GSK Stockmann advised BHB comprehensively on the sale of majority shares to CONCRETE in real estate, tax, finance and investment law matters of this transaction.


Advisor BHB Bauträger GmbH:
GSK Stockmann: Dr. Thomas Haller (Lead, Real Estate), Dr. Alma Franke (Finance), Dr. Dirk Koch (Tax), Andreas Dimmling, Dr. Marcel Vietor (both Corporate).


Contact GSK Stockmann:
Dr. Thomas Haller