Global law firm White & Case LLP has advised x+bricks Group on the sale of its grocery-anchored retail property portfolio valued at over €1 billion to Slate Asset Management, a global alternative investment platform targeting real assets.
The transaction will be executed in two tranches, subject to certain closing conditions and regulatory approvals. Both tranches of the transaction are collectively valued at over €1 billion and comprise 188 properties.
The White & Case team which advised on the transaction was led by partners Rostyslav Telyatnykov and Andreas Lischka (both Frankfurt) and included partners Gernot Wagner, Rebecca Emory, Sebastian Pitz, Tim Bracksiek, Bodo Bender, Sebastien Seele, Sebastian Stütze (all Frankfurt), Thomas Glauden (Luxembourg, Brussels) and Hadrien Servais (Brussels, Luxembourg), local partners Sandra D’Ascenzo, Patricia Galts, Daniel Rogits, Alisa Preissler (all Frankfurt), Anna Lubberger and Mathis Rust (both Duesseldorf) and associates Johanna Mayer, Angela Hildebrand, Nane Jütting, Markus Stelzig (all Frankfurt), Morgane Bieber, Konstantinos Strakas (both Luxembourg), Kacper Sztejter, Maxim Arrazola de Onate (both Brussels) and Vincent Schreier (Berlin).
For more information please speak to your local media contact.