Heuking Kühn Lüer Wojtek advises WealthCap on the acquisition of office real estate in Munich
Heuking Kühn Lüer Wojtek advised issuing house WealthCap on the acquisition of the modern office space complex Campus M and of an additional office building with BMW-Form- und Design Studio in Munich. The investment volume of the two transactions amounts to about EUR 74 million.
The office space complex Campus M located in the eastern part of Munich features a total gross floor space of about 21,000 square meters and has its own multi-story car park. The office space in the four office buildings are rented out on a long-term basis to creditworthy tenants such as ARAG, Schaltbau, and Infor. Cushman & Wakefield acted on behalf of the seller. The office building with BMW-Form- und Designstudio is located close to BMW's research and development center in the northern part of Munich and offers gross floor space of about 8,200 square meters. The building is rented to the principal tenant BMW and BMW development partner Semcon.
Following the acquisition of the KPMG headquarters in Munich, WealthCap once again retained Heuking Kühn Lüer Wojtek. The commercial law firm legally advised WealthCap comprehensively on the two transactions. This included structuring the transactions, performing due diligence and the drafting and negotiating of the land purchase contracts with the sellers.
Counsel to WealthCap on acquisition of Campus M:
Heuking Kühn Lüer Wojtek
Dr. Michael Dröge (Real Estate, Hamburg, Lead),
Dr. Sönke Görgens (Real Estate/Public Construction, Hamburg, Lead),
Gilbert Toepffer (Real Estate/Real Property Law, Chemnitz),
Klaus Weinand-Härer (Tax, Frankfurt),
Dr. Florian Becker (Tenancy Law, Hamburg),
Marcus Kohlstrunk (Tenancy Law, Munich)
Counsel to WealthCap on acquisition of BMW building:
Heuking Kühn Lüer Wojtek
Dr. Michael Dröge (Real Estate, Hamburg, Lead),
Dr. Sönke Görgens (Real Estate/Public Construction, Hamburg, Lead),
Gilbert Toepffer (Construction Law, Chemnitz),
Klaus Weinand-Härer (Tax, Frankfurt),
Dr. Cai Niklaas Harders (Real Estate, Hamburg),
Marcus Kohlstrunk (Tenancy Law, Munich)
