A team led by Dr. Marc Scheunemann advised KanAm Grund Group on the acquisition of the Z88 office building for a special real estate fund. The property in Zamdorfer Straße in the east of Munich covers almost 10,000 square meters. Fürth-based project developer P&P is the seller.
The new tenant is the Federal Institute for Real Estate Tasks (BImA), which uses the property for its "Central Office for Information Technology in the Safety Area." P&P had refurbished the building for the new user in recent months.
Dr. Marc Scheunemann's team has advised the buyer on several transactions in the past.
Counsel to KanAm Grund Kapitalverwaltungsgesellschaft mbH
Heuking Kühn Lüer Wojtek:
Dr. Marc P. Scheunemann, LL.M. (Lead), Frankfurt
Kathrin T. Paulet (Real Estate),
Dorothee Kirsten Hellebusch, LL.M. (Real Estate), all Düsseldorf
Fabian Gerstner, LL.M. (Public Law), Munich
Klaus Weinand-Härer (Tax), Frankfurt