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14.10.2015

GSK Stockmann + Kollegen advises Sofidy on the acquisition of Kabel Deutschland headquarters in Munich-Unterfoehring

GSK Stockmann + Kollegen advised Sofidy, a French property funds manager, on the acquisition of an office building in Munich-Unterfoehring from Deka Immobilien. The French open-ended real estate fund SCPI Immorente which is managed by Sofidy carried out the acquisition after winning the bidding process. The parties agreed not to disclose the purchase price.

The property was part of the institutional open-ended real estate fund WestInvest ImmoValue. Constructed in 2004, the five-storey building located at Beta-Straße 6-8 has a rental area of more than 15,000 sqm and 266 parking spaces. The office spaces are rented on a long-term basis to Kabel Deutschland (since 2014 a subsidiary of the Vodafone Group) as their headquarters.

GSK Stockmann + Kollegen has comprehensively advised Sofidy on the acquisition of an office building as well as on the due diligence process.

Advisor to Sofidy:
GSK Stockmann + Kollegen: Dr. Dirk Brückner (Lead, Real Estate), Dr. Mark Butt (Public Sector), Dr. Alma Franke (Finance), Dr. Susanne Radlsbeck (Real Estate); Associates: Eva Linde (Public Sector), Dominik Berka (Tax).

The deal news is available as download.

Contact at GSK Stockmann + Kollegen:
Dr. Dirk Brückner