International law firm Salans has successfully advised GAGFAH S.A. on the acquisition of a
residential unit portfolio in Berlin from the Apellas group. In this regard GAGFAH assumes shares
of Apellas' former holding company.
The portfolio comprises more than 4,900 rental units, located in prime residential areas in
Berlin. The acquisition is expected to be finalised in February 2007. Salans had already advised
GAGFAH S.A. in several tenders last year.
Adviser to GAGFAH S.A.: Salans (Berlin): Dr. Hermann Meller (Leading partner;
corporate law), Dr. Detlef
Spranger (corporate and real estate law); Associates: Andreas Goerth, Stephanie Krebs, Dr.
Christian Post.
Adviser to apellas: Hengeler Mueller (Berlin)
Press contact:
Hermann Meller, Partner, Salans Berlin, Tel: +49 (30) 2 64 73-0; E-Mail: hmeller@salans.com