Gleiss Lutz has advised a real estate fund of the Korean company Mirae Asset Global Investments on its acquisition of the recently completed office building Taunusanlage 8 in Frankfurt.
Mirae Asset Global Investments is the largest investment manager in South Korea with all in all 110 billion US dollars assets under management.
Seller of the office tower was Commerzbank AG as depositary bank for the fund CS Euroreal. Credit Suisse Asset Management, manager of the fund until earlier this year, had developed the property over the last couple of years. The sale was one of the largest individual sales in Germany in 2017.
Gleiss Lutz had already advised Mirae on the acquisition of office buildings around Cologne’s Lanxess arena in 2015/2016.
Mirae was advised by the following team of Gleiss Lutz lawyers: Dr. Johannes Niewerth (lead, partner, real estate, Berlin), Dr. Johann Wagner (partner, tax, Hamburg), Dr. Michael Burian (partner, corporate / M&A, Stuttgart), Dr. Burkhard Jäkel (partner), Vanessa Bayliss (both banking and finance, Frankfurt), Dr. Birgit Colbus (counsel, competition / antitrust, Frankfurt), Dr. Jonas Rybarz, Dr. Fabian Kutz, Konrad Discher (all real estate, Berlin), Dr. Hendrik Marchal (tax, Hamburg), Dr. André Lippert, Lars Kindler (both public law, Berlin) and Dr. Benjamin Herz (funds/regulatory, Frankfurt).
Forward
