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Clifford Chance advises Sienna Real Estate for the Saud Al Rashed family office from Kuwait on the purchase of a commercial property in Berlin

10 October 2023

Clifford Chance advises Sienna Real Estate for the Saud Al Rashed family office from Kuwait on the purchase of a commercial property in Berlin

International law firm Clifford Chance has advised Sienna Real Estate for the Saud Al Rashed family office from Kuwait on the purchase of the retail commercial property at Malchower Chaussee 10. The long-term single tenant for the 14,701 m² space is the Hornbach DIY chain. The building is ideally positioned adjacent to one of Berlin's main traffic arteries and caters to a large catchment area.

The Clifford Chance team consisted of partner Gerold Jaeger, counsel Philip Heinzel-Flothmann, senior associate David Rahmel (Real Estate, all Düsseldorf), senior legal support assistant Sabrina Becker (Real Estate, Frankfurt), partner Olaf Mertgen, senior associate Steffen Waadt (both Tax, Frankfurt), partner Tobias Schulten, counsel Melissa Staunton and senior legal support assistant Cornelia Lambert (all Global Financial Markets, Frankfurt).

In Luxembourg and Dubai, the team included partner Katja Gauzès, senior associate Frédérique Davister and trainee lawyer Maxime Majerus (all Corporate), associate Hilda Bertamé (Global Financial Markets) and associate Tom Bleser (Tax, all Luxembourg) as well as partner Qudeer Latif and associate Raad Gorji (both Global Financial Markets, Dubai).

Clifford Chance berät Sienna Real Estate für das kuwaitische Family Office Saud Al Rashed beim Kauf einer Berliner Einzelhandelsimmobilie

Die internationale Anwaltssozietät Clifford Chance hat Sienna Real Estate für das kuwaitische Family Office Saud Al Rashed beim Kauf einer Einzelhandelsimmobilie in der Malchower Chaussee 10 beraten. Langjähriger Einzelmieter des Objekts mit einer Grundfläche von 14.701 Quadratmetern ist die Baumarktkette Hornbach. Das Gebäude befindet sich direkt an einer der Hauptverkehrsadern Berlins und bedient somit ein großes Einzugsgebiet.

Das Team von Clifford Chance bestand aus dem Partner Dr. Gerold Jaeger, Counsel Philip Heinzel-Flothmann, Senior Associate David Rahmel (Real Estate, alle Düsseldorf), Senior Legal Support Assistant Sabrina Becker (Real Estate, Frankfurt), dem Partner Olaf Mertgen, Senior Associate Dr. Steffen Waadt (beide Tax, Frankfurt), dem Partner Tobias Schulten, Counsel Melissa Staunton und Senior Legal Support Assistant Cornelia Lambert (alle Global Financial Markets, Frankfurt).

Aus dem Luxemburger Büro berieten Partnerin Katja Gauzès, Senior Associate Frédérique Davister und Trainee Lawyer Maxime Majerus (alle Corporate), Associate Hilda Bertamé (Global Financial Markets) und Associate Tom Bleser (Tax) sowie aus Dubai Partner Qudeer Latif und Associate Raad Gorji (beide Global Financial Markets).