Hamburg – Union Investment has acquired the Mercado shopping centre in Nuremberg, comprising around 43,500 square metres, and the Le Befane centre in the Italian city of Rimini, which offers 35,500 square metres of space. The vendor is Credit Suisse Asset Management Immobilien KAG. Together with the Rathaus Galerie mall in Leverkusen, the two properties form part of the Melody portfolio, which Union Investment agreed to buy in December 2016. The properties were formerly held by Credit Suisse AG’s CS EUROREAL fund, which is being wound up. The purchase price was not disclosed.
An international CMS team headed by lead partner Dr Sebastian Orthmann advised Union Investment on all legal aspects related to the acquisition of the Melody portfolio.
CMS Germany
Dr Sebastian Orthmann, Lead Partner, Real Invest
Christian Reuter, Partner
Dr Sebastian Huck, Senior Associate, both Projects
Fabian Kiderlen, Counsel
Dr Eva Heidemann
Dr Markus Vogt
Stefanie Nagel, all Senior Associates
Florian Seelheim
Felix Stoecker
Tino Beuthan
Dr Daniel Krey, all Associates, all Real Invest
Dr Benjamin Schirmer, Counsel
Dr Katayun Zierke, Associate, both Real Estate & Public
Dr Daniel Voigt, Partner
Sebastian Schwack, Counsel, both Banking & Finance
Christoff H. Soltau, Counsel
Dr Jan-Christoph Rudowicz, Associate, both Competition & EU
CMS Italy
Dietmar Zischg, Partner
Francesco Sabatino, Counsel, both Real Estate & Corporate
Marco Casasole, Partner, Public Law
Press Contact
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