CMS Hasche Sigle advises Invesco on property transaction

Munich – Invesco Real Estate (IRE) has acquired the G45 office and retail building in Hamburg's Gänsemarkt square. The stated value of the purchase is EUR 63.5 million, with the transaction being structured as a share deal. The building is earmarked for an open-ended pan-European real estate fund managed by IRE. Completed in 2008, G45 is the company's second acquisition in Germany. The modern eight-storey building offers 9,000 square metres of office space and 2,800 square metres for retail.

Invesco Real Estate (IRE) is part of Invesco Ltd., an international asset management company. The vendor is a private equity real estate fund managed by the Carlyle Group.

Advisers CMS Hasche Sigle on behalf of the buyer:

Dr Oliver Thurn, Corporate (Lead Partner)
Dr Stefan Höß,
Katharina Haidas,
Dr Thomas Langer,
Dr Hubert Schmid, all Real Estate