Norton Rose Fulbright advises MEAG on sale of property in Stuttgart

Global law firm Norton Rose Fulbright has advised MEAG, asset manager of Munich and ERGO, on the sale of the property at Calwer Strasse 33-35/Kronprinzstrasse 28-30 in Stuttgart from a special real estate fund it manages to a fund managed by J.P. Morgan Asset Management.

The property, built in 1996, is in a prime city center location and is used for a variety of purposes: Office, education, retail, gastronomy and residential. The property's passageway serves as a link between the Königstrasse/Calwer Strasse shopping streets.

Norton Rose Fulbright advised MEAG comprehensively on the transaction as part of the purchase agreement negotiations and the legal and tax due diligence. The team was led by Dr. Maren Stölting (Partner, Munich, Co-Head of Real Estate EMEA). MEAG was advised on the legal aspects of the transaction by Robert Hampp (MEAG-LRC/Real Estate Law) and on tax matters by Matthias Weigert (MR Group Tax).