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King & Spalding Advises on Real Estate Double in Berlin


11 Nov 2016
DEAL NEWS

FRANKFURT, Nov. 11, 2016 – King & Spalding has acted for two leading international real estate investors – Tishman Speyer and Barings Real Estate Advisers – on separate deals involving the acquisition of prime real estate assets in the German capital of Berlin.

Tishman Speyer purchased the Pressehaus on Berlin's Alexanderplatz from the Value-add Fonds European Real Estate Ventures VII. The vendor of the building, which has a total renting space of 27,500 square metres, is the media company Bertelsmann.

Barings Real Estate Advisers, meanwhile, purchased the 10,000-square metre Berliner Volksbank base at Budapester Strasse 35 from a real estate fund.

King & Spalding’s Frankfurt real estate team represented Tishman Speyer and Barings Real Estate Advisers on the respective deals. Frankfurt Office Manager Partner Mario Leissner led the teams on both transactions, with assistance from partners Andreas Böhme and Axel Schilder, counsel Henning Aufderhaar and associates Michael Debesay, Jana Schneider and Cüneyt Andac.

About King & Spalding
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 900 lawyers in 18 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at www.kslaw.com.

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