Mayer Brown advised Schroder Real Estate Kapitalverwaltungsgesellschaft (KVG), a business unit of Schroders Capital, on the sale of a retail property from the portfolio of one of its pan-European real estate funds to Slate Asset Management.
The property is a 4,500 sqm commercial property in Frankfurt-Rödelheim (Lorscher Straße 41 in 60489 Frankfurt am Main) completed in 2004 and refurbished in 2015, with a focus on food retail, which is fully let. This transaction represents a further step toward increasing the value of Schroder Capital’s fund and realizing this value for its investors.
Mayer Brown was able to support this significant step by
providing complex real estate legal and tax advice.
The team was led by Dr Fabian Hartwich (partner, Frankfurt, Real
Estate). He was supported by Duc Hieu Le (senior associate,
Frankfurt, Real Estate) and Susan Günther (counsel, Frankfurt,
Tax).