Luxembourg

Introduction The Grand-Duchy of Luxembourg is the place to be in Europe for the structuring and the setting-up of regulated and un-regulated investment funds of all types, despite a decrease in assets...

GSK Stockmann advised DZ HYP AG on the financing of the Upper West high-rise building in Berlin-Charlottenburg. The buyer is Schoeller Group GmbH, based in Pullach near Munich. Upper West is located directly on Berlin’s Breitscheidplatz, opposite Kaiser Wilhelm Memorial Church and just a stone’s throw from the city’s famous shopping boulevard, Kurfürstendamm. At around 120 metres high, it is one of the tallest buildings in Berlin. The building’s distinctive glass and steel façade makes it a striking part of the city’s skyline. The building also meets high standards in terms of urban development and sustainability. Upper West combines office and retail space, as well as a Motel One flagship hotel with 582 rooms over 19 floors. The building is DGNB Gold & LEED Platinum certified. A GSK Stockmann team led by Munich partner Alma Franke advised DZ HYP on financing the purchase transaction. Advisers of DZ HYP AG at GSK Stockmann: Dr Alma Franke (lead), Dr Mechtild-Maria Siebke, Marcel Buss, Beatrice Christina Dörr (all finance), Robert Korndörfer, Dr Raoul Kreide, Matti Kamer (both corporate), Stefan Schlapka (real estate law/hospitality), Andreas Heinzmann, Hawa Mahamoud, Eva Jean (corporate/finance, Luxembourg)

GSK Stockmann provided comprehensive legal advice to the Ruby Group on the development plans for its new location on Berlin’s Kurfürstendamm. Ruby will be the future operator of the building, which was acquired by the real estate investment manager Empira Group around a year ago. Munich-based GSK Stockmann partner Stefan J. Schlapka advised Ruby throughout the negotiations with Empira Group. The securing of the contract for its largest hotel to date and the first Ruby in Berlin marks a further step in the hotel brand’s European expansion strategy. The building located on Kurfürstendamm is to be revitalised over the next few years and converted into a Ruby Hotel with 375 rooms over approx. 15,000 square metres of floor space. The hotel will occupy floors five to eleven. A rooftop terrace on the 12th floor will offer breathtaking panoramic views over Berlin’s world-famous shopping and cultural boulevard. The hotel is scheduled to open its doors in the first quarter of 2028. The Berlin project is the first Ruby Hotel to be developed since the brand was acquired by the global hospitality group IHG Hotels & Resorts at the start of 2025. [caption id="attachment_48528" align="alignnone" width="300"] GSK München[/caption] Advisers of the Ruby Group at GSK Stockmann: Stefan J. Schlapka, (lead), Maximiliane Bartsch, (both Real Estate Investments & Asset Management) Contact: GSK STOCKMANN Stefan J. Schlapka, LL.M. Karl-Scharnagl-Ring 8 80539 Munich T +49 89 288174 -50 F +49 89 288174-44 [email protected] Press contact: GSK STOCKMANN Christina Holl Karl-Scharnagl-Ring 8 80539 Munich T +49 89 288174-275 F +49 89 288 174-44 [email protected]   GSK Stockmann is a leading independent European corporate law firm. Over 250 professionals advise German and international clients at our locations in Berlin, Frankfurt/M., Hamburg, Heidelberg, Munich, Luxembourg and London. GSK is the law firm of choice for Real Estate and Financial Services. We also have deep-rooted expertise in key sectors including Funds, Capital Markets, Public, Mobility, Energy and Healthcare. For international transactions and projects, we work together with selected reputable law firms abroad. Our advice combines an economic focus with entrepreneurial foresight. That is what is behind:  Your perspective. More about us: www.gsk.de

GSK Stockmann advised the bank ING Deutschland on its lease of new headquarters in Frankfurt’s “Hafenpark Quartier” with a team led by Frankfurt partner Volker Hofstetter. ING Germany signed a lease for approx. 32,000 sqm in Hafenpark Quartier in the Frankfurt’s east, in the immediate vicinity of the ECB and Frankfurt Ostbahnhof. The bank will completely occupy one of the two 16-storey office buildings currently under construction, making it one of the largest single-tenant leases on the Frankfurt market in recent years. In line with the tenant’s high demands in terms of energy efficiency and sustainability, the building will fulfil the latest standards, operate entirely without fossil energy sources and has already been pre-certified under Leed Platinum, Wiredscore and Smartscore. The lessor is the project developer B&L, which has been developing the site previously used for commercial purposes for around ten years. In addition to office space, the mixed-use development will also include flats and two hotels. Completion of the ING rental space is planned for the first quarter of 2028. Advisers of ING Germany at GSK Stockmann: Volker Hofstetter (lead, partner, Real Estate), Katharina Odermatt (Local Partner, Real Estate), Felix Bergfort (Local Partner, Real Estate), Jan Kramer (Local Partner, Construction), Dominik Berka (Local Partner, Tax), Rebecca Comtesse (Local Partner, Finance), Uta Birk (Associate, Real Estate), Mouna Sonnemann (Associate, Real Estate) Inhouse Legal ING Deutschland: Ines Hoes (Lead Legal IT & Procurement), Martina Groß (Senior Legal Counsel) Other advisers: IBB Borchert Ingenieure as technical advisor to the tenant, Waterbound Real Estate as project manager for the tenant, Neuwerk Rechtsanwälte for the lessee, BNP Paribas as broker

A GSK Stockmann team led by Munich partners Andreas Eichler (Real Estate) and Marcel Vietor (Corporate) advised Hines on the purchase of a logistics centre near Frankfurt Airport with a team. The team advised on the due diligence as well as the transaction itself, which was conducted via a share deal. The logistics building is located in a prime location in the Rhine-Main logistics region, close to Frankfurt Airport. Completed in 2016, the 38,000 sqm property offers both standard temperature storage areas and temperature-controlled areas for sensitive goods. The property meets high building standards and is fully let. Hines is acquiring the property for its open-ended “Hines European Core Fund” (HECF). The parties have agreed to keep the purchase price confidential. Advisers of Hines at GSK Stockmann: Andreas Eichler, Marcel Vietor (joint lead, Real Estate Transactions & Investments/Corporate), Kerstin von Staa (Public), Rebecca Comtesse (Finance), Andrea Nowak (Corporate), Bassem Kerbouche (Real Estate Transactions & Investments)