Sale of Muratti Höfe in Berlin
The mandate’s scope included compiling and completing all important property documentation. Advising in the context of the Q&A process during the due diligence phase. Organisation and coordination of property inspections and evaluation and analysis of the purchase bids.
The sale of Muratti Höfe to Schroders Investment Management GmbH is, in terms of both its swift execution as well as the achieved price, a complete success. A prerequisite for the success of the project was the very close cooperation between the involved Cushman & Wakefield teams, the project team at EstCapital SGR SPA and an international law firm.
Schroders Investment Management GmbH acquired the fully-let property, between the Mitte and Kreuzberg districts of Berlin for EUR 28.7 million at an initial yield of slightly over six percent.