BLP advises CBRE Global Investors on the acquisition of the Glacis Galerie in Neu-Ulm

International law firm Berwin Leighton Paisner (BLP) provided legal advice to CBRE Global Investors on the acquisition of the Glacis-Galerie shopping centre in Neu-Ulm, Germany.

The Glacis-Galerie shopping centre opened last March and includes nearly 27,000 m2 of retail space in a central location in Neu-Ulm’s old town district near the main train station. Among the mall’s 90 tenants are several renown retailers including C&A, Deichmann, Douglas, H&M and Thalia. In addition to the shopping centre building, the property includes over 1,100 parking spaces.

The shopping centre was sold by the real estate developers OFB and Procom for a purchase price of approximately 140 million euros.

The BLP team advising CBRE on the purchase was led by partner Hanns-William Mülsch (real estate and corporate law) and included partner Tina Siebenhaar as well as the associates David Neuhoff and Theresia Blath (all real estate law).

Hanns-William Mülsch and his team at BLP previously advised CBRE Global Investors on the purchase of the German shopping centres StadtCenter in Düren and the Leine-Center in Laatzen/Hannover.



There are no responses to this article, why not be the first?

Comments are closed for this article.

This site uses cookies to help us improve your browsing experience. For further information or to change your cookie settings, view our privacy policy.