Clifford Chance has advised GLL Real Estate Partners GmbH (GLL) on the sale of the Accent Office Center (AOC) in Frankfurt. The buyer is a joint venture between Tristan Capital and Finch, which acquired the property by means of a share deal.
The AOC in Frankfurt was completed in 2004 and comprises around 25,000 m² of useable floor space. A real estate team led by partner Thomas Reischauer advised GLL at the end of 2014 on acquiring the property through its GLL Pan European Property Fund.
GLL is an international property manager for institutional investors. Founded in 2000, it now manages assets worth around EUR 7 billion in Europe, the USA, Latin America and Australia. In 2018, GLL became a real estate equity investment platform for Macquarie Infrastructure and Real Assets, a business division of the Macquarie Group.
The Clifford Chance team comprised partner Thomas Reischauer (Picture), counsel Philipp Stoecker, associates Stephanie Cohen and Tatjana Bougargour and transaction lawyer Sophie Töke (all Real Estate), partner Thorsten Sauerhering (Tax, all Frankfurt), as well as partner Christian Kremer and senior associate Sascha Nolte (Corporate, both Luxembourg).
Involved fees earner: Tatjana Bougargour – Clifford Chance; Stephanie Cohen – Clifford Chance; Christian Kremer – Clifford Chance; Sascha Nolte – Clifford Chance; Thomas Reischauer – Clifford Chance; Thorsten Sauerhering – Clifford Chance; Philipp Stoecker – Clifford Chance; Sophie Töke – Clifford Chance;
Law Firms: Clifford Chance;
Clients: GLL Real Estate Partners GmbH;