1. Do you have to enter into a form of agreement with the local au­thor­ity/mu­ni­cip­al­ity when applying for consent for a data centre in your jurisdiction? In Germany, there is no legal obligation to enter...

Düsseldorf – US developer Scannell Properties has sold a newly developed logistics property in the Bavarian town of Kitzingen to asset management company Aviva Investors. Strategically located close to the A3 and A7 motorways, the property in ConneKT Logistics Park was completed in July of last year and offers around 12,000 sq m of warehousing. The property is leased to an online retailer for 15 years.A CMS team headed by partner Philipp Schönnenbeck and Dr Franz Maurer advised Scannell Properties on all legal aspects of the transaction. The CMS team previously advised Scannell Properties during the acquisition, development, construction and letting of the logistics property. CMS Germany Philipp Schönnenbeck, Lead Partner Dr Franz Maurer, Counsel, Co-Lead Dr Christian Scherer, Partner Dr Yves Steingrüber, Senior Associate Martin Krause, Partner Maike Füchtmann, Senior Associate, all Real Estate & Public Inhouse at Scannell Properties Marko Klemt, General CounselPress Con­tact presse@cms-hs. com

Frankfurt/Main – Global real assets investment management firm CBRE Investment Management has sold around 16,200 square metres of rental space in Dietzenbach near Frankfurt to maincubes, a Frankfurt-based company that specialises in developing and operating data centres. The company plans to convert the acquired property accordingly. The property occupies a site of some 28,800 square metres with excellent transport links, making it an especially appealing proposition for use as a data centre. According to maincubes, demand for digital infrastructure capacity in the Rhine-Main region continues un­abated.  De­tails of the transaction were not disclosed.A CMS team headed by lead partner Philipp Schönnenbeck advised CBRE Investment Management on all legal aspects in this context for the first time. CMS has extensive expertise around data centre sites, which was highly relevant in this case. CMS Germany Philipp Schönnenbeck, Lead Partner Laura Johnsson, Senior Associate, both Real Estate Dr Martin Friedberg, Partner Dr Hendrik Arendt, Senior Associate, both TaxPress Con­tact presse@cms-hs. com

Frankfurt/Main – International investment manager Investcorp has sold two multi-tenant office properties in Eschborn’s KÖ Campus complex to a French investor for around EUR 70 million. The sale of...

Düsseldorf – Schramm Holding GmbH, a subsidiary of Akzo Nobel Nederland N.V., one of the world’s leading manufacturers of paints and coatings, has sold the site of the Schramm Coatings GmbH factory...

Düs­sel­dorf/Co­logne – Infrastructure group HOCHTIEF and infrastructure fund Palladio have formed a joint venture to develop efficient data centres in Germany. The two parties are investing a low three-digit...

Düsseldorf – Office investor Alstria has sold a property in downtown Stuttgart comprising some 8,900 square metres of space to SV Spar­kassen­Ver­sicher­ung. The building at Rotebühlstraße 98-100 changed...

Cologne – Global paint and coatings producer Kansai Helios has acquired all the shares in CWS Lackfabrik GmbH (CWS), a specialist in powder coatings and synthetic resins. The deal includes the group...