Berlin, 8. November 2018 – Greenberg Traurig has advised Swiss Life Kapitalverwaltungsgesellschaft mbH (Swiss Life KVG), in cooperation with BEOS AG, on the purchase of "Laetitia" portfolio consisting of 32 commercial properties at locations throughout Germany. The properties form the seed portfolio of the new open-ended real estate specialty AIF's CREFG IV, which is managed by BEOS AG. The seller of the portfolio is Aurelis Real Estate. The parties have agreed not to disclose the purchase price.
The portfolio consists of corporate properties with primarily office, logistics and production space and comprises a total of approx. 538,000 square metres of rental space. Around 95 percent of the space is let. The tenants include huge corporations and medium-sized companies. The properties are located primarily in the top 7 locations in Germany, but also in secondary cities such as in Hanover.
Background: The Greenberg Traurig team has been advising BEOS since 2010 on M&A transactions as well as on IT Outsourcing.
About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and is among the Top 20 on the 2018 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.