Corpus Sireo buys headquarters of Zurich Insurance assisted by Heuking Kühn Lüer Wojtek
A team led by Dr. Peter Zimmermann, Partner at the Düsseldorf office of business law firm Heuking Kühn Lüer Wojtek, advised Corpus Sireo on the acquisition of the headquarters of Zurich Insurance in Cologne and Bonn. The package includes the head management office on Poppelsdorfer Allee, the building on Rabinstraße in Bonn, and the complex on Riehler Straße and Worringer Straße in Cologne. The contract was closed on August 18, 2016. The purchase price was not disclosed.
The insurer intends to use the office buildings until the end of 2019 when it intends to move to new headquarters, consisting of two new buildings at some 60,000 square meters in MesseCity in Cologne Deutz. Real estate service provider and project developer Corpus Sireo will discuss with the competent authorities in Bonn and Cologne what will happen to the current buildings after 2019.
Cologne-headquartered Corpus Sireo Holding GmbH is a German real estate subsidiary of Swiss Life Asset Managers. More than 515 employees at eleven sites in Germany and Luxemburg provide customers with integrated solutions in various areas of asset management.
Counsel to Corpus Sireo Holding GmbH
Heuking Kühn Lüer Wojtek:
Dr. Peter Zimmermann (Contract negotiations Real Estate and Lead),
Sonja Böhmer, LL.M. (USC),
Dr. Tilman Spancken,
Dr. Anne-Kathrin Wilts (née Bauer),
Anne Schulz (née Gläser) (all Real Estate & Construction),
Dr. Marc P. Scheunemann (Structuring), all Düsseldorf