Press release |

BEITEN BURKHARDT Advises LaSalle Investment Management on Sale of 21 Specialised Retail Centres

Munich, 12 January 2016 – The international law firm BEITEN BURKHARDT has advised LaSalle Investment Management on the sale of the so-called Victoria package to Patrizia group. The transaction was notarised on 29 December 2015, having a volume in an amount of EUR 250 mio.

The real estate package comprises 21 specialised retail centres and do-it-yourself stores with a rentable retail space of 180,000 sqm. Tenants are, inter alia, Rewe, Edeka, Kaufland and Bauhaus. The buildings are located in economically strong regions, with a geographical focus on Bavaria, Lower Saxony and Schleswig-Holstein.

Advisor LaSalle Investment Management:
BEITEN BURKHARDT: Partners Frank Oprée and Insa Müller (in charge), Florian Baumann and Associate Markus Ley (all Real Estate / M&A) as well as Partner Hans Georg Neumeier and Associate Franziska Schuierer (both Public Commercial Law, all Munich).

Frank Oprée
Phone: +49 89 350 65-1446

Public Relations:
Frauke Reuther
Phone: +49 69 75 60 95 – 570