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28 May 20192 minute read

DLA Piper advises Tilad on sale of a logistics centre portfolio to joint venture

DLA Piper has advised Tilad, a Multi Family Office based in Dubai, on the sale of a portfolio with three logistics centres to a joint venture consisting of Apeiron and Green Oak. The logistics centres are located in Loehne Niederaichbach near Munich and in Offenbach.

Tilad acquired the logistics centres, which have a total area of between 100,000 and 135,000 sqm, from various sellers such as ECE and IM Properties plc between December 2013 and November 2015. DLA Piper, under the leadership of partner Fabian Mühlen, has also advised Tilad comprehensively on the respective acquisition processes.

The current core team of DLA Piper under the renewed leadership of partner Fabian Mühlen (Real Estate) comprised counsel Timo Betjemann (Corporate/M&A) as well as senior associates Moritz Mursa (Real Estate, both Cologne) and Martin Wilmsen (Finance, Projects & Restructuring, Frankfurt). Also involved were partners Dr Torsten Pokropp (Finance, Projects & Restructuring), Dr Konrad Rohde (Tax), Semin O (Antitrust) and Dennis Kunschke (Finance, Projects & Restructuring), counsel Dr Dennis Hog (Real Estate) and Dr Raimund Behnes (Tax), senior associate Carla Nicolai, associates Konstantin Decker-Horz (Real Estate) and David Klock (Antitrust) as well as Legal Project Manager Tamara Schwenk (Real Estate, all Frankfurt).

From the international DLA Piper offices partners Christopher Chan (London) and Xavier Guzman as well as associate Joris Reinert (all Finance, Projects & Restructuring, both Luxemburg) also advised on this transaction.