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04.08.2016

GSK Stockmann + Kollegen advises Investa on the sale of "Uferstadt Fürth"

GSK Stockmann + Kollegen advised Investa Holding on the sale of the research and business park "Uferstadt Fürth" to Union Investment. Union Investment acquired the portfolio as part of an asset deal. The parties agreed to keep the  purchase price confidential.

"Uferstadt Fürth" is located by the bank of the river Pegnitz on the former production facilities site of Grundig AG. Sellers of the approximately 54,000 square meter area are portfolio companies of the “Investa Immobiliengruppe“. The research, office and science park comprises seven buildings, which are transferred to the special fund "Urban Campus No. 1", which has been launched by "Union Investment" and
"Investa Capital Management" as a special fund for campus real estate. The portfolio is the first investment project of the new fund "Urban Campus No. 1", which which is targeting institutional investors.  Meanwhile, the Uferstadt is fully-rented to 38 companies, including outsourcing service provider “Sellbytel Group” and IT provider “Atos Information Technology”.

GSK Stockmann + Kollegen advised Investa comprehensively, in particular, in addition to the sale, also on corporate legal issues as well as on finance and tax questions.

"GSK Stockmann + Kollegen" has been advising Investa since 2004 on the development, rental and sale of the property formerly hosting the Grundig AG production facilities.


Advisor Investa:
GSK STOCKMANN + KOLLEGEN: Dr. Dirk Brückner (Lead, Real Estate), Dr. Josef Wodicka (Real Estate), Dr. Markus Söhnchen (Corporate/M&A), Dr. Alma Franke (Banking/Finance), Dr. Petra Eckl (Tax); Associates: Volker Hofstetter (Lead), Natalie Sochan, Lorina Teichert-Kipp, Wolf-Dieter Wetzel (all Real Estate), Dominik Berka, Alen Nalbandian (both Tax), Inga Henrich (Corporate/M&A).


Contact GSK Stockmann + Kollegen:
Dr. Dirk Brückner