Corporate law firm GSK Stockmann advised DZ HYP on its financing of the acquisition of the IntercityHotel Berlin Hauptbahnhof by Invesco Real Estate. The seller is CA Immo.
The IntercityHotel Berlin Hauptbahnhof, which was completed in 2013, is the first hotel in Germany to be awarded the German Sustainable Building Council’s platinum certificate. Located next to the city’s main railway station, the building offers 23,400 square metres of space, including 412 rooms, ten conference rooms and 374 square metres of retail and office space on the ground floor. The hotel is fully let to IntercityHotel GmbH, a subsidiary of Steigenberger Hotels GmbH.
A team led by Munich partner Alma Franke advised on the financing of the acquisition of the Berlin hotel property.
Dr Alma Franke, partner at GSK Stockmann: “DZ HYP and GSK Stockmann have enjoyed a relationship based on mutual trust for many years. We are therefore delighted to have been given the opportunity to support the bank once again in this project. We would also like to thank the other parties involved in the transaction for their once again excellent cooperation.”
Advisers of DZ HYP AG at GSK Stockmann:
Dr Alma Franke (lead, finance), Dr Mechtild-Maria Siebke (real estate law, finance), Marcel Alexander Buss (Senior Associate, finance), Beatrice Dörr (Associate, finance)
Other advisers:
Invesco Real Estate: Eversheds & Sutherland
