International law firm Clifford Chance has advised Investa Capital Management on the sale of the shopping centre Allee-Center in Leipzig to EQT Real Estate.

The Allee-Center in Leipzig-Grünau offers a total space of 40,000 square metres and the largest tenants are Rewe, Saturn and Aldi.

Clifford Chance had already advised Investa on the purchase of the property in 2016. Since then, Investa has partially repositioned the property and successfully re-let it.

Investa Immobiliengruppe has been developing and marketing real estate in Germany for over 40 years, mainly office buildings, hotels and residential properties.

The Clifford Chance team for Investa comprised partner Christian Keilich, counsels Philipp Stoecker and Anette Hofmann as well as transaction lawyer Elmostafa Habib (all Real Estate, Frankfurt).