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08.02.2018

GSK Stockmann advises on sale of TTI headquarters in Maisach-Gerlinden

GSK Stockmann provided comprehensive legal counsel on matters of real estate law to the joint venture between MP Holding and Isarkies on the sale of the TTI headquarters in Maisach-Gerlinden. The European headquarters of the electronics wholesaler TTI was acquired by Invesco Real Estate on behalf of the Bayrische Versorgungskammer (BVK). The parties agreed to confidentiality regarding the purchase price.

The electronics wholesaler TTI has been tenant of the logistics property for two years and has taken out a lease for over 25,500 m² of storage space and approx. 7,600 m² of office space. In 2017, the usable area was extended by 15,100 m² of storage space and 4,400 m² of office space. The new spaces were constructed directly next to the existing buildings by a project company consisting of MP Holding and Isarkies. The construction of the extension begun at the beginning of 2017 and was completed by the end of the year.

Advisor MP Holding / Isarkies:
GSK Stockmann: Dr. Michael Eggersberger (Lead, Real Estate); Associate: Inga Henrich (Corporate)