Stuttgart – Allianz Real Estate has acquired a special purpose vehicle that owns a last-mile logistics facility in a share deal on behalf of several Allianz Group companies. The seller of the special purpose vehicle is the Exeter Property Group. The property is located in Vienna’s largest industrial and commercial zone, around ten kilometres from the centre of the Austrian capital.
An international CMS team headed by Dr Sabina Krispenz, Dr Volker Zerr and Dr Johannes Hysek advised Allianz Real Estate on all legal aspects of the share deal. The company regularly relies on CMS’s expertise, including when acquiring Bertelsmann’s headquarters in Munich and “The Icon” building in Vienna.
Allianz Real Estate is the strategic real estate investment manager within the Allianz Group. It has become one of the world’s largest real estate investors, with assets under management of EUR 71 billion.
Dr Volker Zerr, Lead Partner, Stuttgart, Real Estate & Public
Dr Sabina Krispenz, Lead Principal Counsel, Stuttgart, Corporate/M&A
Dr Simon Marschke, Principal Counsel, Stuttgart, Real Estate & Public
Dr Johannes Hysek, Partner
Gérard Maitrejean, Partner
Pawel Hermelinski, Partner