Berlin – Luther Rechtsanwaltsgesellschaft advised the international real estate investment manager Tristan Capital Partners on the acquisition of an inner-city high-tech R&D, manufacturing and logistics site in a joint venture with Pegasus Capital Partners.
Tristan Capital Partners has acquired a fully let industrial site in Rosenheim city centre from the Kathrein Group for the European Property Investors Special Opportunities 5 SCSp (EPISO 5) fund. The entire property with around 41,000 m2 of land and almost 27,000 m2 of logistics, production and office space is let to a listed company.
Pegasus Capital Partners joined the acquisition as a joint venture partner after the closing of the purchase agreement. The asset and property management in relation to the entire property will be undertaken by Pegasus Capital Partners. The parties have agreed not to disclose the purchase price.
Luther provided comprehensive advice to the buyers on all legal aspects of the transaction during the due diligence process as well as during the purchase agreement negotiations. The law firm advised Tristan Capital Partners on several transactions last year.
On behalf of Tristan Capital Partners:
On behalf of the Kathrein Group:
Noerr, Real Estate: Dr Enno Stange (Berlin), Manuel Lomb (Munich), Christoph Brenzinger (Dusseldorf, joint lead), Isabell Wunder (Munich)
Noerr, Tax: Dr Florian-Felix Marquardt, Dr Vitaliy Kaminskiy (both Berlin)
Noerr, Regulatory: Dr Joachim Rung (Munich)