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09.12.2015

GSK Stockmann + Kollegen advises WestInvest on the acquisition of an office building at the Potsdamer Platz in Berlin

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Deal news GSK advises WestinvestPDF, 117 K

GSK Stockmann + Kollegen advised WestInvest Gesellschaft für Invest-mentfonds mbH on the acquisition of an office building located at the Potsdamer Platz in Berlin. The seller is a subsidiary of Orion Real Estate Fund IV which is sponsored by Orion Capital Managers. The purchase price amounts to approx. EUR 85 million.

Completed in 1999 with a rental area of approx. 18,500 sqm, the office building is located at Schellingstraße 1. Orion took over the property only in spring as part of the Odin-Portfolio. The office building will now become part of the real estate special fund WestInvest ImmoValue which belongs to the Deka-Group.

GSK Stockmann + Kollegen comprehensively advised WestInvest on all real estate and tax law aspects in connection with the acquisition of the property.

Advisor to WestInvest Gesellschaft für Investmentfonds mbH:
GSK Stockmann + Kollegen: Dr. Gösta Christian Makowski (Lead, Real Estate), Dr. Petra Eckl (Tax), Dr. Maritheres Palichleb (Real Estate); Associates: Anna-Lena Diedrich (Real Estate), Alen Nalbandian (Tax)

Inhouse: Holger Bittel

The deal news is available as download.

Contact at GSK Stockmann + Kollegen:
Dr. Gösta Christian Makowski