Heuking advises STINAG on acquisition of the “CarlsCube” office complex in Karlsruhe
A team led by Dr. Frank Baßler, Partner at Heuking Kühn Lüer Wojtek’s Stuttgart office, successfully advised STINAG Stuttgart Invest AG on the acquisition of the “CarlsCube” project development at the wholesale market in Karlsruhe from Dreßler Bau GmbH as part of an asset deal.
The state-of-the-art office complex in Karlsruhe’s Oststadt district comprises some 9,000 square meters of rental space and attracted STINAG’s interest with its outstanding architecture, sound tenant structure, high quality standards, and modern working environments. In addition to Dreßler Bau GmbH itself, tenants include a number of well-known national and international IT and construction companies as well as the Karlsruhe wholesale market. The parties have agreed not to disclose the purchase price.
Based in Stuttgart, STINAG group is a publicly listed real estate investor, project developer, and property owner. In addition to managing its real estate holdings, STINAG Stuttgart Invest AG concentrates on the targeted expansion of its portfolio through own project developments and the acquisition of advanced third-party project developments and properties.
The team led by Dr. Frank Baßler has repeatedly advised STINAG on real estate transactions. Jens-Hendrik Janzen, Partner at the Stuttgart office, has additionally been advising STINAG on stock corporation law and capital markets law for an extended period of time.
Counsel to STINAG Stuttgart Invest AG
Heuking Kühn Lüer Wojtek:
Dr. Frank Baßler (Lead, Real Estate),
Veronika Straub (Real Estate),
Dr. Andreas Schabenberger (Copyright), all Stuttgart
Bettina Neheider (Public Law), Munich