Oppenhoff advises MURA Deutschland on the sale of a light industrial property in Cologne

Oppenhoff has advised MURA Deutschland GmbH on the sale of a light industrial property in Cologne comprising more than 14,000 square metres of hall and office space to Patron Capital and INBRIGHT. The complex of manufacturing, production, service and storage areas was built on a plot of land measuring over 13,000 square metres. The parties have agreed not to disclose the purchase price.

INBRIGHT will take over the asset management of the multi-lessee property, which is to be successively upgraded in terms of the building envelope, technology and equipment over the coming years. Patron Capital and INBRIGHT are pursuing a "Transform-to-Green" strategy in their medium-term plans for the property, which is used by various industries. This envisages the site’s further development, taking comprehensive ESG criteria into account.

The Oppenhoff team, led by Dr. Stefanie Minzenmay, comprised Caner Ertasoglu (both real estate law), Dr. Philipp Heinrichs, Dr. Matthias Klefisch (both corporate law, M&A), Dr. Gunnar Knorr and Hanjo Prondzinski (both tax).

The real estate sector group at Oppenhoff advises leading companies in the real estate, hotel and retail sectors, financial investors, project developers, banks and family offices with large property portfolios as well as other project participants on all types of real estate transactions and investments. Most recently, for example, the sector group advisedSchoofs Immobilien GmbH Frankfurt on a portfolio development (volume approx. 215 million euros) with the investment fund manager Greenman and the property investment company Dr. Rüger Holding GmbH & Co. KG on the conclusion of a hotel lease agreement with Ennismore Germany GmbH and KNSA Hospitality.

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