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GSK Stockmann + Kollegen advises HanseMerkur Grundvermögen AG on the acquisition of „Mercaden®“ Shopping-Center located in Böblingen

A team of GSK Stockmann + Kollegen, led by real estate partner Dr. Michael Jani and tax partner Dr. Petra Eckl as well as Senior Associate Felix M. Riethmüller comprehensively advised HanseMerkur Grundvermögen AG on real estate and tax issues in connection with the acquisition of the „Mercaden®“ Shopping Center located in Böblingen. Developed by hkm Management AG (Bergisch-Gladbach) and recently opened in October 2014, the shopping center was acquired for one of HanseMerkur’s open real estate-special-AIF’s.

The shopping center was constructed on the former area of the Central Bus Station (ZOB) directly situated at the main station of Böblingen and the newly designed pedestrian zone. 100 shops are spread over a retail area of 24,400 sqm. Anchor tenants are EDEKA, H&M, K&L Ruppert as well as Müller drugstore.

The „Mercaden®“ Shopping Center acquisition is currently the biggest real estate transaction of the Insurance Group HanseMerkur.

GSK’s legal services comprised not only the real estate due diligence as well as drafting, structuring and negotiating the purchase agreement and all related agreements but also included in particular the investment and tax law advice as well as advice rendered under trademark and antitrust law.

Once again HanseMerkur Grundvermögen AG relies on the qualified “One-Stop-Shop” support by GSK Stockmann + Kollegen and hereby ties up with the perennial cooperation between the law firm and the insurance group.

Legal Advisors to HanseMerkur:
GSK Stockmann + Kollegen: Dr. Michael Jani (Lead, Real Estate), Dr. Petra Eckl (Tax), Dr. Jörg Kahler (Competition Law), Dr. Henrik Kirchhoff (Real Estate and Public Law); Associates: Felix Riethmüller, Dr. Christoph Strelczyk, Anneke Focken, (all Real Estate), Dr. Jan-Bernd Seeger (Public Law), Dominik Berka, Christian Weimann (both Tax), Johannes Müller (Trademark Right).

The deal news is available as download.

Contact at GSK Stockmann + Kollegen:
Dr. Michael Jani