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31.01.2018

GSK Stockmann advises UBS Real Estate on acquisition of office and business building “Topas Arkade”

GSK Stockmann provided legal counsel to UBS Real Estate GmbH and its special real estate fund UBS (D) Core Opportunities Europe on the acquisition of the historic office and business building “Topas Arkade”. The seller is Meyer Bergman.

Built in 1900, the seven-storey building complex in the center of Berlin encompasses an area of over 5,000 m² which is currently leased to 30 tenants. The building with its exceptional “Wilhelminine style” façade is protected as a historic monument and was completely renovated in 1998.

UBS (D) Core Opportunities Europe Fund allows institutional investors to participate in attractive investment opportunities. Since its launch in October 2011, the fund has generated a performance of 50.37 percent (cumulative) or 4.64 percent per annum. The fund’s focus is on office and retail properties in Europe.

GSK Stockmann provided UBS Real Estate GmbH with comprehensive legal advice in matters of real estate law.

Advisor UBS Real Estate GmbH:
GSK Stockmann: Dr. Michael Eggersberger (Lead, Real Estate), Monique Franke (Real Estate), Dr. Jan Hennig (Administrative law), Associates: Çağlayan Birkan (Real Estate), Martina Köglsperger (Real Estate), Dr. Christian Kullick (Planning law), Theresa Haßlberger (Real Estate), Kristina Marx (Public Sector), Katharina Treichel (Real Estate), Kerstin von Staa (Public Sector).