The European property investment firm Cordea Savillis has acquired the "Deggs Shopping Arcade"
in Deggendorf, Bavaria, from Bayern LB.
The centrally located shopping centre which was built in the mid 80s and expanded in 1988, is
located near the old town centre in Deggendorf. The shopping centre encompasses more than 20,000 m²
of leasable area. The main tenants are MediaMarkt and Wöhrl. The property consists of 3 floors of
retail area and adjacent office and residential area. The current centre management company,
Management für Immobilien AG (mfi), has been responsible for the centre management for several
years and will continue as centre manager.
Last year CMS Hasche Sigle advised Cordea Savills on real estate transactions in Germany
totalling over EUR 265 million. E&G Asset Management also assisted with this transaction.
Advisers Cordea Savills
CMS Hasche Sigle
Dr Volker Zerr (Real Estate, Lead Partner)
Dr Volkmar Wagner (Public Law)
Roland Wutzke (Tax)
Dr Kai-Guido Schick
Dr Alexander Wuttke (both Real Estate)
Contact CMS Hasche Sigle
Dr Volker Zerr
Tel.: +49 (0) 711 / 97 64 - 563
E-Mail:
Volker.Zerr@cms-hs.com
About CMS Hasche Sigle
CMS Hasche Sigle is one of the leading German law firms with more than 500 lawyers. It covers
the entire area of commercial law and provides legal advice to major German and international
companies from a wide spectrum of industry. It has offices in Berlin, Cologne, Duesseldorf,
Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and
Shanghai.
CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of
partners see
www.cms-hs.com
CMS Hasche Sigle is a member of CMS, an alliance of leading independent European law firms. With
over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we
advise our clients at commercial locations in 48 business centres in Europe and further afield on
legal and tax issues.
In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS
Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS
Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium),
CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS
Reich-Rohrwig Hainz (Austria). CMS has 58 offices in 25 countries around the world.
For further information on CMS Hasche Sigle see
www.cms-hs.com and on the CMS alliance see
www.cmslegal.com.
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