Baker McKenzie Advises a Deka Immobilien Actual Property Fund on the Acquisition of its First Logistics Property in Switzerland | Newsroom

Baker McKenzie suggested Deka Immobilien Funding GmbH (“Deka Immobilien”), a part of one of many largest actual property managers in Germany, on the acquisition of its first actual property logistics funding within the Swiss canton of Ticino, for his or her open-ended actual property fund, WestInvest InterSelect. 

The logistics constructing was in-built 2013 and provides greater than 50,000 sq. meters of rentable house. It has been awarded LEED Platinum certification, underscoring its environmental and power effectivity credentials. The distribution middle is totally let on a long-term lease to one of many world’s largest pure-play contract logistics suppliers. The situation is strategically positioned inside the Germany–Basel–Milan logistics hall, one among Europe’s most vital provide chain hubs.

Baker McKenzie Switzerland suggested Deka Immobilien on all authorized elements of the actual property transaction.

Samuel Marbacher (associate, actual property) led the group, which consisted of Pascal Dorier (affiliate, actual property), Jasmin Spörri and Fabrizio Zavatta (each trainee attorneys).