Global law firm Norton Rose Fulbright has advised real estate investment manager Wealthcap on the purchase of the Rheinkontor office building in Mainz from seller LBBW Immobilien Development GmbH.
The future-oriented project comprises 14,300 square meters of office space and company catering facilities in an attractive location at the Zollhafen customs port in Mainz, in the immediate vicinity of the city center. The development project is expected to be completed in summer 2020.
Wealthcap is one of the leading real asset and investment managers in Germany. It develops sustainable offers with stable earnings and long-term positive value development for private investors as well as structuring solutions for the special requirements of professional investors.
The Munich-based Norton Rose Fulbright team was led by partner Maren Stölting and senior associate Marina Schäuble, counsel Bernd Schneider (construction law, Hamburg), counsel Martin Hoffmann (public law, Hamburg), counsel Frank Bayer (tax law, Munich) and associate Matthias Kemnitzer (real estate, Munich) also supported the team.