Willkie Farr & Gallagher LLP advised StoneVest and the real estate managers Wulf Meinel and Bruce Jenyon on the formation of the IPE platform and IPE on the acquisition of the first two properties.
Zurich-based investment and asset manager StoneVest and seed investors have formed the new investment platform Industrial Properties Europe (IPE) based in Luxembourg. Following its formation, IPE has acquired two properties from AL-KO Kober group, which are long-term leased to companies of the AL-KO Kober group.
IPE intends to invest approximately €500 million in logistics and light industrial real estate over the next three to five years. StoneVest is on board as co-investor and asset manager.
The Willkie team was led by partner Cornelia Thaler (Picture) and included partner Dr. Bettina Bokeloh, counsel Wolfgang Münchow and Dr. Moritz Vettermann, and associates Philip Thürmer and Thomas Weise.
Involved fees earner: Bettina Bokeloh – Willkie Farr & Gallagher; Wolfgang Münchow – Willkie Farr & Gallagher; Cornelia Thaler – Willkie Farr & Gallagher; Philip Thürmer – Willkie Farr & Gallagher; Moritz Vettermann – Willkie Farr & Gallagher; Thomas Weise – Willkie Farr & Gallagher;
Law Firms: Willkie Farr & Gallagher;