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08.02.2017

Real I.S. Acquires Hotel and Office Space in "Milaneo" in Stuttgart with the Support of GSK Stockmann

GSK Stockmann advised Real I.S. on the acquisition of the Aloft-Hotel as well as office space at the Milaneo in Stuttgart. Seller is "Bayerische Hausbau". The parties agreed to keep the purchase price confidential.

The Aloft-Hotel, operated by Arabella Group, is the first hotel of the new Starwood brand in Germany and was opened in September 2015. The design hotel has 165 guest rooms on six floors and is characterised by a generous public area. The office has six floors with a total rentable area of approx. 5.800 m² and has a rental rate of 70%. The acquisition was made in the name of Real I.S. Theme Funds Germany (hotel) and Real I.S. Regional Fund Southern Germany (office).

GSK Stockmann advised Real I.S. comprehensively on all real estate and tax issues in connection with the asset deal structure of the acquisition as well as on the financing and all investment law related questions.


Advisor Real I.S.:
GSK Stockmann: Dr. Bernhard Laas (Lead, Hospitality), Dr. Dirk Koch (Tax), Dr. Alma Franke (Finance); Associates: Dr. Philipp Dawirs und Julia Straßer (both Real Estate, Hospitality), Christian Kullick (Projects & Public Sector), Esther Seibt (Tax)


Contact GSK Stockmann:
Dr. Bernhard Laas