The Real Estate Industry team advised Slate Asset Management L.P. on the legal and tax aspects of the acquisition of two further food retail portfolios in Germany.
Slate Asset Management L.P. is a leading real estate investment platform with over $6 billion in assets under management. Since its market entry in December 2016, Slate has completed 15 portfolio acquisitions in Germany. Goodwin has advised Slate Asset Management on all transactions in the German market over the past three years.
The two retail portfolios consist of a total of 37 supermarkets and specialty shopping centers in eleven German federal states with a rentable area of approx. 75,000 square meters. The transactions mark the package purchases number seven and eight in 2019.
The Goodwin team was led by partner Marc Bohne and senior associate Matthias Ruedt von Collenberg (both Real Estate) and included partners Heiko Penndorf (Tax) and Martin Prokoph (Private Equity), counsel Andreas Mallin (Finance) and Felix Krueger (Tax) and associate Christopher Jeschor (Real Estate).
For more information, read the press release.