LaSalle’s €73 million acquisition of “Salamanderhaus” in Stuttgart, Germany

Greenberg Traurig has advised LaSalle Investment Management (LaSalle) on the acquisition of the “Salamanderhaus” in Stuttgart.

LaSalle acquired the property on behalf of the Testina investment foundation for approximately EUR 73 million by way of a share deal. Testina is a Swiss investment foundation for real estate investments. The seller was La Francaise Group.

The “Salamanderhaus” combines office and retail space and is fully let to a diverse tenant base. Greenberg Traurig Germany advised LaSalle comprehensively on all legal aspects of the transaction.

Greenberg Traurig has advised LaSalle on the deal with a team comprising Dr. Nicolai Lagoni, Dr. Peter Schorling, Dr. Martin Hamer, Eleonore H. Chowdry, Marco Stempin, Max Hortmann, Alexandra Parascho, Tina Rechenbach and Dr. Johann-Frederik Schuldt.

Involved fees earner: Nicolai Lagoni – Greenberg Traurig; Peter Schorling – Greenberg Traurig; Eleonore Chowdry – Greenberg Traurig; Marco Stempin – Greenberg Traurig; Max Hortmann – Greenberg Traurig; Alexandra Parascho – Greenberg Traurig; Tina Rechenbach – Greenberg Traurig; Martin Hamer – Greenberg Traurig; Johann-Frederik Schuldt – Greenberg Traurig;

Law Firms: Greenberg Traurig;

Clients: LaSalle Investment Management;