Clifford Chance has advised La Française Real Estate Partners International on its acquisition of an office complex in Stuttgart. The complex offers around 30,000 square metres of floor space.
The office complex is made up of two buildings located at Mittlerer Pfad 13-15 in Stuttgart and built in 1993 and 2001 respectively. The main building offers floor space of around 23,000 square metres and the secondary building around 7,000 square metres. Porsche is the lessee for both buildings and there are almost ten years remaining on the lease.
The Clifford Chance team comprised partner Dr. Fabian Böhm, associate Anne Voigt and transaction lawyer Magda Pawela-Häusler (all Real Estate) and partner Thorsten Sauerhering and transaction lawyer Laura Lamster (both Tax, all Frankfurt).
This transaction is the first time that La Française has been advised by Clifford Chance.