LIP Invest’s Acquisition of a Logistics Property in Speyer

REIUS. advised LIP Invest on the deal. Ashurst advised Panattoni on the deal.

LIP Invest announced the acquisition of a newly built distribution centre in Speyer for its recently launched “LIP REAL ESTATE INVESTMENT FUND – LOGISTICS GERMANY IV”.

The new building was completed in November 2021 by the international project developer Panattoni in partnership with MONTIS Real Estate GmbH and has been leased to the DIY store operator Hornbach. GOLDBECK Südwest planned and built the distribution centre as general contractor.

The REIUS. team included Annette Griesbach (Picture), Dr Jörn Kassow and Christina Hölder.

For LIP Invest, the transaction was led by its general counsel and authorized signatory Daniel Pahl.

The Ashurst team was led by partner Dr Liane Muschter. She was assisted by associates Raphaela Schmidt and Carolin Siebeck as well as transaction lawyer Isabella Strauß (all Real Estate). Partner Dr Anders Kraft provided advice on tax law. Associate Dr Simon Groneberg advised on construction law aspects.
 

Involved fees earner: Simon Groneberg – Ashurst; Anders Kraft – Ashurst; Liane Muschter – Ashurst; Raphaela Schmidt – Ashurst; Carolin Siebeck – Ashurst; Annette Griesbach – REIUS Rechtsanwälte Partnerschaft mbB; Christina Hölder – REIUS Rechtsanwälte Partnerschaft mbB; Jörn Kassow – REIUS Rechtsanwälte Partnerschaft mbB;

Law Firms: Ashurst; REIUS Rechtsanwälte Partnerschaft mbB;

Clients: LIP INVEST GmbH; Panattoni Development;

Federica Tiefenthaler

Author: Federica Tiefenthaler