Flick Gocke Schaumburg advises OneIM and OCP on the acquisition of the Cosmopolitan portfolio of Adler Group

Flick Gocke Schaumburg has advised One Investment Management (OneIM) and Orange Capital Partners (OCP) on the tax structuring aspects as regards an agreement with Adler Group S.A. (Adler) for, inter alia, the purchase of 89.9% of the shares in the subsidiaries of the North Rhine-Westphalia based Cosmopolitan portfolio.
The Cosmopolitan portfolio today comprises 6,788 rental units and exhibits an occupancy of 97.4%. The assets are mainly located throughout Duisburg, Düsseldorf, Essen, Oberhausen and Dortmund.
Advisors to OneIM und OCP: Flick Gocke Schaumburg
Dr. Florian Holzner, Klaus Himmer (joint lead), Dr. Karl Broemel, Dr. Sebastian Roser, David Linnemann, Christoph Röder (all Tax)
OneIM is a global alternative investment manager based in Abu Dhabi, London, and New York that invests in a range of asset classes, industries and geographies.
OCP is a leading European real estate investment and asset management firm, headquartered in Amsterdam and with offices in Dublin, Copenhagen, and Helsinki. Currently, OCP oversees a diverse real estate portfolio valued at approximately €5.0 billion.
Adler Group S.A. is a Luxembourg-based real estate holding company with more than 500 subsidiaries, mainly operating in Germany. The company specializes in the management and development of high-yield multi-family properties. <<<
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