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 Counsel
Press Contact
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