CMS advises Swiss Life Asset Managers and Beos AG on acquisition of commercial property near Stuttgart

Stuttgart – Swiss Life Asset Managers and Beos AG, a subsidiary of Swiss Life Asset Managers that specialises in corporate real estate, have acquired a commercial property in Korntal-Münchingen, an affluent area to the north of Stuttgart, for their Swiss Life REF (CH) fund. Built in 2019, the property comprises 10,100 sq m of warehouse space let on a long lease and 4,600 sq m of office space. Swiss Life Asset Managers acquired the property from a private owner. The purchase price was not disclosed.

A CMS team headed by lead partner Dr Volker Zerr advised Swiss Life Asset Managers on all legal aspects of real estate due diligence and on contract design for the purchase.

CMS Germany

Dr Volker Zerr, Lead Partner, Stuttgart
Sandra Scheib, Senior Associate, Stuttgart
Michelle Bucher, Associate, Stuttgart, all Real Estate & Public

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