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October 02, 2019
SNP Schlawien advises Quest and Competo on the acquisition of an office complex in Frankfurt am Main

The commercial law firm SNP Schlawien advised the real estate project development and investment company Quest Investment Partners and the investment and asset management company Competo Capital Partners on the acquisition of an office and commercial building in Frankfurt am Main as part of a joint venture. The advice included the due diligence review as well as the negotiation of the purchase agreement. The seller of the property was the real estate investment company Peakside Capital. The parties agreed not to disclose the volume of this transaction as part of a share deal.

The office complex in the Bahnhofviertel at Baseler Strasse 46-48 / Gutleutstrasse 80-82 in Frankfurt am Main consists of three buildings with a total rental area of almost 13,000 sqm. The 4,700 sqm property also has 129 parking spaces for cars.

SNP Schlawien previously advised Quest on real estate transactions in Berlin and Hamburg.

Advisor Quest Investment Partners und Competo Capital Partners
SNP Schlawien, Munich: Dr. Armin Fary (Corporate/M&A, lead), Sascha Sormann and Lisa Knöll (beide Real Estate)

Advisor Peakside
Baker & McKenzie, Frankfurt: Dr. Florian Thamm (Real Estate)

 

Media contact for this transaction

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Dr. Armin Fary, LL.M. Eur.
Attorney
Telephone: +49 89 28634-411
Email: armin.fary@snp-online.de