GSK Stockmann advised asset and investment manager GRR Real Estate Management GmbH (GRR REM) on the acquisition of an Edeka supermarket in the east of Munich for a special AIF fund.

The store is centrally located in Munich-Perlach, close to the Gartenstadt-Trudering housing estate. The store was built in 2023 and offers 1,857 sqm of rental space to the anchor tenant, Edeka Südbayern. The seller is Demos Wohnbau GmbH, based in Munich.

The transaction was carried out by way of an asset deal and the parties have agreed not to disclose the purchasing price or other details.

A GSK Stockmann team led by Berlin partner Philip Huperz provided GRR REM with comprehensive legal and tax advice on the acquisition.

Advisers:

GSK Stockmann: Dr Philip Huperz (lead), Julia Jacobs (both real estate transactions and investments), Dr Jan Hennig, Leonie Becker, Dr Christine Toman (all public law), Dominik Berka, Marc Nostitz (both tax law).