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08.04.2019

GSK Stockmann advises HanseMerkur on acquisition of the “STAYERY Friedrichshain” apartment building in Berlin

HanseMerkur Grundvermögen AG has acquired 85 recently completed furnished “STAYERY” brand apartments in the Berlin district of Friedrichshain for a special real estate fund managed by IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH. A GSK Stockmann team led by Hamburg transaction Partner Dr. Michael Jani provided comprehensive advice to support HanseMerkur in this deal.

The seller of the micro-apartments located in the hip “Boxhagener Kiez” is the Kreer Development group from Cologne. The apartments are managed by BD Apartment GmbH, which has leased the building for 15 years and are aimed primarily at commuters and mobile young professionals.

Thus, HanseMerkur returned to the proven consultancy practice that GSK Stockmann’s Hamburg real estate transaction team has to offer. In addition to supporting the transaction in terms of land, tenancy and construction law as well as the public inspection, GSK Stockmann's services in the present case again included investment and tax law advice in the context of concluding and executing the purchase and lease agreement.

Advisers of HanseMerkur:

GSK Stockmann: Dr. Michael Jani (lead, real estate and investment law); Associates: Christina Reiber (real estate law), Dr. Jan Bernd Seeger (public law), Dr. Jonas Ph. Wilkens (building law), Andreas Ebert (tax law)