GSK Stockmann advised the Real I.S. Group, BayernLB’s fund service provider specialising in real estate investments, on the repurchase of its Munich headquarters from LaSalle Investment Management.

The Real I.S. Group is one of Germany’s leading providers of real estate investments for private and institutional investors. The group focuses on ecologically, socially and economically sustainable investments in Germany, Europe and Australia. Real I.S. is a wholly-owned subsidiary of BayernLB and part of the Sparkassen-Finanzgruppe network.

The seller is LaSalle Investment Management, which had purchased the 6,500 sqm office building at Innere Wiener Strasse 17 in Munich from Real I.S. at the end of 2016.

A GSK Stockmann team led by Munich real estate lawyer Dirk Brückner advised Real I.S. on legal, regulatory and tax matters. As part of the transaction, the team was able to optimise the tax structure and implement regulatory requirements.

Advisers of Real I.S. AG Gesellschaft für Immobilien Assetmanagement

GSK Stockmann: Dirk Brückner (lead), Katharina Feierabend, Phyllis Simsch (all real estate investments and asset management). Dirk Koch, Stephan Wachsmuth (both tax law), Alma Franke (finance), Sascha Zentis (regulatory law), Kerstin von Staa (public law).

Contact at the Real I.S. Group

Julia Straßer (inhouse counsel), Peer Letzmann (inhouse tax adviser)

[caption id="attachment_40312" align="alignnone" width="495"] GSK München[/caption]