Global law firm Norton Rose Fulbright has advised Real I.S., BayernLB's, a fund service provider specializing in real estate investments, on the acquisition of an office building in Hamburg located at Rödingsmarkt for its thematic fund called Themenfonds Deutschland II.
The multi-tenant property, revitalised and comprehensively extended in 2011, with a total rental area of around 7,800 square metres and 24 underground parking spaces, is virtually fully let.
The eight-floor building is located on the waterfront and its tenants have a view of the Alsterfleet close by and the Elbphilharmonie concert hall. The property is a contemporary, prestigious office building with a good fit-out and flexible options for partitioning and usage.
Dr Maren Stölting, real estate partner at Norton Rose Fulbright in Munich, comments: “Rödingsmarkt is becoming ever more important in Hamburg and is an ideal site due to its central location. The local area includes a large number of restaurants and shopping facilities and will develop even more in the next years to come. We are happy that we were able to assist Real I.S. in the acquisition of this office building.“
Norton Rose Fulbright have previously advised Real I.S. on the acquisition of the office project called Airfield Office. The team was led by partner Dr Maren Stölting, with assistance from partners Dr Andrea Spellerberg (finance) and Tino Duttiné (tax), of counsels Sabine Meinert (real estate), Dr Jan-Willem Jensen (regulatory law) and Dr Frank Bayer (tax) as well as associates Valentina Navetta, Stefanie Mösges (both real estate) and Matthias Zimmermann (finance).
For further information please contact:
Stefanie Kerschke, PR & Communications Executive Germany
Tel: +49 89 212148 339; Mob: +49 174 34 528 72
Notes for editors:
Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.
Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices. For more information, see nortonrosefulbright.com/legal-notices.