ARQIS advises on the sale of 829 apartments to LEG Immobilien AG
ARQIS advises on the sale of 829 apartments to LEG Immobilien AG
19. July 2013
ARQIS advised an executor of will on the sale of a real estate portfo-lio consisting of 829 apartments to LEG Immobilien AG. The real estate purchase agreement was notarised on 11 July 2013; economic handover of the properties is scheduled for October 2013. The volume of the transaction is approximately 34 million Euros. The properties are located in Solingen and come from a private inheritance. More than half of the apartments are senior-focused equipped. LEG Immobilien AG is a real estate company listed in the MDAX (mid cap stock market index) with, according to their own statement, more than 94,000 apartments and approx. 260,000 ten-ants.
Advisor Seller
ARQIS Rechtsanwälte: Dr. Ulrich Lienhard (Real Estate) Dr. Andrea Panzer-Heemeier (Labour Law)
Advisor LEG
Inhouse: Dr. Thomas Görgemanns, Steffen Lingen