Santander Private Real Estate Advisory & Management’s selling a real estate portfolio in Germany

A real estate company managed by the Santander Group has sold a portfolio of four commercial properties to various buyers with the support of CMS.

The portfolio consisted of three commercial properties at Düsseldorf Airport, in Hamburg and Oldenburg and one logistics property in North Rhine-Westphalia.

A CMS team headed by lead partner Dr Andreas Otto (picture) provided comprehensive legal advice on the sale to the Spanish investors. CMS had already assisted the investors in the acquisition of the properties ten years ago and has since provided extensive support in legal asset management.

The CMS team also comprising Franziska Krokutsch, Senior Associate; Filip Niemiec, Senior Associate; Mario Müller, Associate, Spanish Desk, all Real Estate & Public; and Jesko Nobiling, Partner, Tax law.

Involved fees earner: Andreas Otto – CMS Hasche Sigle; Franziska Krokutsch – CMS Hasche Sigle; Filip Niemiec – CMS Hasche Sigle; Mario Müller – CMS Hasche Sigle; Jesko Nobiling – CMS Hasche Sigle;

Law Firms: CMS Hasche Sigle;

Clients: Banco Santander Sa;