Cologne – Tristan Capital Partners, a British private equity firm specialising in real estate investment, has acquired the Accent Office Center (AOC) together with real estate investor Finch Properties. The vendor of the Frankfurt office complex is property investor GLL Real Estate Partners GmbH (GLL). Comprising over 25,000 square metres of rental space, the AOC accommodates more than 40 office tenants, plus retail and catering outlets on the ground floor. The purchase price is EUR 81 million.
A CMS team headed by lead partners Heinz Joachim Kummer and Dr Malte Bruhns advised Tristan Capital Partners and Finch Properties on all legal aspects of the acquisition and upcoming refinancing of the deal. The transaction took the form of a share deal involving extensive W&I insurance.
A leader in the European market, London-based Tristan Capital Partners is an independent real estate investment management boutique. The private equity firm currently manages client funds totalling more than EUR 10 billion across its funds.
Owner-managed Finch Properties is a specialised investment and asset management platform for office real estate in Germany.
GLL Real Estate Partners is part of the Australian Macquarie Group. The real estate fund manager provides institutional investors with access to investment opportunities in office, retail, and industrial property. GLL currently has assets under management of EUR 7 billion on behalf of investors.
Heinz Joachim Kummer, Lead Partner
Dr Michael Nauta, Senior Associate, both Real Estate
Dr Malte Bruhns, Lead Partner
Laura Christin Stein, Senior Associate
Philipp Kunick, Associate, all Corporate/M&A
Tobias Schneider, Partner, Tax
Dr Marc Seibold, Partner, Banking & Finance