Berlin – Aug. 2, 2016 – Greenberg Traurig Germany advised Tristan Capital Partners and Signature Capital on the sale of the Karstadt property next to Munich’s central station. The building complex (approximately 56,000 square meters) is one of the most well-known properties in the Bavarian capital and is completely leased by Karstadt. RFR Holding acquired the property by way of a complex share deal. The purchase price was not disclosed.
Greenberg Traurig Germany advised the two joint venture partners, Tristan Capital Partners and Signature Capital, comprehensively on all aspects of the transaction, including the M&A process, corporate, real estate and public law.
Background:
The Greenberg Traurig Germany team has regularly accompanied Tristan Capital Partners in transactions over the past few years. In 2014 the team assisted with a share deal for a pan-European logistics portfolio worth 472 million Euros. Following this the team also offered advisory services on the acquisition of the mall Neukölln Arkaden in Berlin for 65.6 million Euros; the purchase of the Barthonia Forum in Cologne for around 110 million Euros; and the sale of the Jannowitzcenter in Berlin for 79 million Euros. Recently, the attorneys advised on the sale of the Neustadt Centrum Halle to DIC Asset.
Tristan Capital Partners is a London-based investment management company that specializes in real estate investments for selected institutional and private investors in the UK and continental Europe.
Legal advisors:
Shareholders: Dr. Josef Hofschroer (Lead Attorney, Corporate M&A), Dr. Martin Hamer (Public Law)
Associates: Dr. Nicolai Lagoni, Dr. Philipp Osteroth, Dr. Simon Pfefferle (all M&A)
About Greenberg Traurig Germany
Greenberg Traurig is one of the largest transactional law firms, serving clients from 38 locations across the globe. In Germany, more than 50 lawyers provide legal advice predominantly on transactions in the real estate, technology and telecommunications, media and entertainment, and infrastructure sectors.
The law firm is characterized by its integrated approach that combines legal know-how with in-depth industry knowledge. For this reason, the attorneys are regularly recommended by leading legal directories. In 2016, German newspaper Handelsblatt in conjunction with Best Lawyers recognized the team once again in its “Best Lawyers in Germany” ranking.
Greenberg Traurig was founded in the U.S. in 1967. Internationally, 2,000 attorneys in the U.S., Europe, Asia and Latin America offer legal advice to innovative companies.
For more information please visit www.gtlaw.de.
About Greenberg Traurig, LLP
Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and is celebrating its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and among the Top 20 on the 2016 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.