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Real I.S. acquires properties of project development Mercedes Platz in Berlin with support of GSK Stockmann

In the course of the project development "Mercedesplatz", GSK Stockmann advised Real I.S. AG on the acquisition of an office and commercial building at Mühlenstraße 13-15 in Berlin. Seller is Anschutz Entertainment Group. Silence has been agreed on the purchase price.

Purchaser of the property in the centre of the urban district „Mediaspree” is “Real I.S. BGV VII Europa Immobilienspezial AIF”. The building that is currently under construction has a planned rental area of approximately 10,400 sqm and is almost fully rented. With an area of 8,800 sqm on six floors, the online retailer Zalando is the main tenant of the eight-storey property. More retail and gastronomy areas are planned on the ground floor with its 1,300 sqm. Furthermore, a visitor centre with viewing platform of 250 sqm will be built.

It is already the seventh real estate investment of the BGV VII Europa Real Estate Special AIF fund, whose investments are made exclusively in European countries. The investment strategy of the real estate specialist AIF focuses on core and core plus investments in Germany and France.

GSK Stockmann advised Real I.S. comprehensively on the acquisition of the office and retail property in tax, real estate, finance and investment law matters of this transaction.

Advisors Real I.S.:
GSK Stockmann: Dr. Dirk Brückner (Lead), Dr. Alma Franke (Finance), Dr. Dirk Koch (Tax), Sascha Zentis and Dennis Stenzel (both Investment), Dr. Susanne Radlsbeck (Real Estate); Associates: Daniel Cammann-Reiß (Real Estate), Rebecca Comtesse (Finance), Maximilian Forster, Phyllis Rade (both Real Estate), Esther Seibt (Tax), Nicole Wiesinger (Projects & Public Sector)

Contact GSK Stockmann:
Dr. Dirk Brückner