Mayer Brown advised Centerscape on the acquisition of retail properties
15 August 2012
Frankfurt – Mayer Brown, a leading global law firm, advised investor Centerscape on its acquisition of a portfolio of six German retail properties. The Vendor was a Dutch investment manager, German Retail Opportunity Fund B.V. The properties are almost exclusively rented to well-known food retail companies and have a total rental space of more than 13.800m².
Centerscape extended its portfolio of real estate since its foundation in 2006 to a value of meanwhile more than EUR 240 million. The investments focus on high-quality real estate, local supply and shopping centers in all German markets.
The Mayer Brown Team working on the transaction included Dr. Jörg Michael Lang (Real Estate, Frankfurt) as well as associates Elmar Günther, Annika Bautz, Florian Witzemann (all Real Estate, all Frankfurt).