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11-15-2010News

Heuking Kühn Lüer Wojtek Advises STIWA Group on Acquisition of a Real Estate Subsidiary of Aareal Bank

Heuking Kühn Lüer Wojtek provided legal counsel to STIWA Group on the acquisition of Valcon Immo-Experts GmbH.

On November 12, 2010, Aareal Bank AG sold all interest in STIWA Valuation & Due Diligence GmbH. The purchase price has not been disclosed.

As one of the first exclusive chartered surveyor companies in Germany, STIWA has been successfully engaged in the real estate sector for 30 years. The company's activities are focused in the Valuation & Due Diligence, Valuation & Consulting and Asset Management Divisions. With the acquisition, STIWA is reinforcing its competence in property valuation and business consulting in the real estate sector.

Heuking Kühn Lüer Wojtek and STIWA have been in a comprehensive client-attorney relationship for over ten years.

Legal counsel to STIWA:Dr. Armin Freiherr von Grießenbeck (Lead) and Anne Kleffmann, LL.M. (Employment Law)

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