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GSK Stockmann advises on sale of shopping center “LuisenForum” in Wiesbaden

GSK Stockmann has advised the sellers of the shopping center “Lui-senForum” in Wiesbaden on its sale to M&G Real Estate. The parties have agreed to keep the purchase price confidential.

The LuisenForum is located in a pedestrian area in the centre of Wiesbaden. The total space of approximately 35,000 sqm includes retail and catering areas as well as a 12-storey office tower. In addition, the shopping mall has 800 parking spaces. The retail areas are rented to Saturn, Karstadt Sports, Desigual, TK Maxx, dm, Rewe, Gant, Tom Tailor and Gerry Weber and others.

GSK Stockmann has provided comprehensive advice on the asset deal transaction to the sellers of “LuisenForum”.

Advisor „LuisenForum“:

GSK Stockmann: Dr. Olaf Schmechel (Lead, Real Estate), Dr. Philip
Huperz (Real Estate), Dr. Jan Hennig (Public Law), Dr. Dirk Koch (Tax); Associates: Christoph Kirsch, Johannes Concato (both Real Estate), Dr. Nicola Wiesinger (Public Law).

Oppenheim Verwaltung von Immobilienvermögen GmbH

Jones Lang LaSalle

Contact GSK Stockmann:
Dr. Olaf Schmechel