Norton Rose Fulbright advises Warburg-HIH Invest on the acquisition of Siemens Mobility Campus
Germany | Press release - Business | September 2019
Global law firm Norton Rose Fulbright has advised Warburg-HIH Invest Real Estate (Warburg-HIH Invest) on the acquisition of the “Siemens Mobility Campus” in Braunschweig, Germany, in a sale-and-leaseback transaction. The seller, Siemens Mobility, is now the lessee of the property, which serves as a location for rail automation and control systems for rail vehicles.
Warburg-HIH Invest is an investment manager for real estate in Germany and Europe and currently manages assets with a total value of €8.8 billion for around 150 institutional customers. Warburg-HIH Invest with headquarters in Hamburg plans and realises structured real estate investment solutions. The Siemens Mobility Center was acquired for the umbrella fund of a savings bank.
Led by partner Hendrik Theismann, Norton Rose Fulbright’s Frankfurt-based team included counsel Michael Mehler and associate Daniela Kowalsky. Partner Tino Duttiné and associate Robert Schmidt advised on the tax matters related to this transaction.
For further information please contact:
Stefanie Kerschke, PR & Communications Executive Germany
Tel: +49 89 212148 339 Cell: +49 174 34 528 72
