Noerr advises redos on acquisition of retail centre for special fund

With a team led by Annette Pospich and Manuel Lomb, Noerr has advised the redos Group on its acquisition of the “Mariendorfer Damm” retail centre in Berlin. The property was acquired by way of an asset deal for Union Investment’s AIF “Redos Einzelhandel Deutschland III”, a fund focusing on the German retail sector.

The retail centre, which was completed in 2020, has around 18,600 square metres of retail and office space. The anchor tenant with a long-term lease is a grocery retailer.

Noerr’s Real Estate Investment Group, which is headed by Annette Pospich, regularly acts for the Hamburg-based redos Group, most recently on the acquisition of a local shopping centre in Kerpen-Sindorf for the AIF fund “Redos Einzelhandel Deutschland II”.

Advisors to redos Group: Noerr

Team lead: Annette Pospich (partner) and Manuel Lomb (associated partner, both Real Estate, Munich)

Real Estate: Anja Bagung (associate, Munich), Philipp König (associate, Frankfurt), Luca Marie Toth (associate, Frankfurt)

Regulatory: Joachim Rung (senior associate, Munich)

Investment/Tax: Martin Haisch (partner, Frankfurt), Benedikt Rippert (senior associate, Frankfurt); Tax: Lukas Conrady (tax professional, Munich)