Luther supports Sirius Real Estate in its acquisition of the Grasbrunn Technopark near Munich
Luther Rechtsanwaltsgesellschaft has supported Sirius Real Estate's acquisition of an office complex in Grasbrunn near Munich by means of a private equity fund.
By acquiring the Technopark, which is almost completely empty apart from one small rented unit but has a total floor space of roughly 14,800 m² in its 4 buildings, Sirius Real Estate will be able to extend its presence in the Munich area – in addition to Munich- Neuaubing and Obersendling – to three locations. Luther Rechtsanwaltsgesellschaft won its first mandate from Sirius Real Estate for the firm thanks to the new Munich Real Estate Transaction Team, led by Katharina von Hermanni.
About Sirius Real Estate
Sirius Real Estate is a listed property investor in London and Johannesburg, with a focus on Germany. Sirius Real Estate owns and manages a diversified property portfolio of industrial estates across Germany, totalling over 1 million square metres of rentable space. In addition to lettings, the management team is focusing on increasing the value of its existing portfolio through an active asset management programme, as well as investing in and expanding the portfolio.
On behalf of Sirius Real Estate
About Luther's Real Estate Team in the Munich Office
Since 1 November 2016, the Munich office has been home to Luther's Real Estate department. The team, led by Katharina von Hermanni, came from Hogan Lovells (Press Release).