Munich-based DOMICIL Real Estate Group (Domicil) acquired two residential portfolios with a total of some 1,800 residential and commercial units from London-based Cording Real Estate Group (Cording) in a share deal following a structured bidding process. The residential portfolios consist of 60 properties spread all across Germany and held by Dutch companies. Munich, Berlin, Hamburg, and Frankfurt am Main, as well as cities in Baden-Württemberg and North Rhine-Westphalia are the main focus of the portfolios.
A transnational and interdisciplinary team led by Düsseldorf-based real estate partner Dr. Peter Vocke advised Domicil throughout the structured bidding process. The law firm of Pels Rijcken based in The Hague advised on the Dutch part of the transaction. Dr. Peter Vocke regularly advises Domicil on complex or cross-border transactions.
A team of Herbert Smith Freehills, led by Frankfurt-based partner Dr. Markus Lauer, was working on behalf of Cording, the seller. Herbert Smith Freehills advised on the transaction from the outset, including the bidding process, financing questions, corporate and property law structuring. The notaries of Houthoff Buruma advised the seller on the Dutch part of the transaction.
Counsel to DOMICIL Real Estate Group
Heuking Kühn Lüer Wojtek:
Dr. Peter Vocke (Real Estate, Lead),
Dr. Michael Sörgel, LL.M. (Corporate),
Christoph Nöhles, LL.M. (Real Estate),
Dr. Tobias Plath, LL.M. (Insurance),
Christoph Brand (Real Estate),
Kathrin Paulet (Real Estate),
Henning Odernheimer (Real Estate),
Dr. Anne-Kathrin Wilts (Public Law),
Dr. Patrick Müller, LL.M. (Corporate), all Düsseldorf
Fabian Gerstner, LL.M. (Public Law), Munich
Dr. Christoph Wetzler (Corporate), Frankfurt
Dr. Leonie Schwarzmeier, LL.M. (Real Estate), Berlin