Düsseldorf – Leading global law firm Mayer Brown advised Värde Partners on the acquisition of twelve retail and specialty shopping centers. The properties were sold by British investment fund Sterling Developments. The retail and specialty shopping centers are located in different cities in Germany. The purchase price was not disclosed. Värde Partners is a USD 10 bn global alternative investment firm.

Mayer Brown has advised Värde Partners in both the US and Europe on numerous transactions, most recently by our London colleagues on the acquisition of Bizspace Group (see news release).

The Mayer Brown team included partner Dr. Joachim Modlich (lead), counsel Dr. Jürgen Streng as well as senior associate Anja Giesen (all Real Estate, Düsseldorf).