GÖRG Partnerschaft von Rechtsanwälten mbB advised Corestate Capital Advisors GmbH on the sale of its shares in CAPERA Immobilien Service GmbH. The buyers of the sold shares are ADOMO Deutschland Holding GmbH, a subsidiary of SORAVIA Investment Holding GmbH, together with denkmalneu GmbH, which participated in the acquisition with 33%.
CAPERA is a full-service real estate management provider offering commercial management, technical management and tenant support for residential and commercial properties. With around 3 million m² of managed space, CAPERA is one of the leading property management companies in Germany.
The transaction was completed at the end of May. CAPERA, which comprises over 270 employees, € 18 million in annual revenues in 2021 and approximately € 2.5 billion in assets under management, was successfully sold to the buyers.
A GÖRG team led by the two Frankfurt partners Dr. Lars Weber and Dr. Gero Pfeiffer successfully supported the CORESTATE team (Peter Czaja M&A, Compliance & Legal, Dr. Christian Fikus, Guido Beddig and Marco Scholz) in the sale of CORESTATE's shares in CAPERA.
Advisors CORESTATE
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Lars Weber, M.C.L. (Lead, Partner, M&A/Corporate Law, Frankfurt am Main)
Dr. Gero Pfeiffer (Lead, Partner, Real Estate Law, Frankfurt am Main)
Dr. Holger Dann, LL.M. (Counsel, Tax Law, Cologne)
Dr. Karl-Georg Küsters, LL.B., LL.M. (Associated Partner, Tax Law, Cologne)
Taro W. Stenger (Associate, Corporate Law/M&A, Frankfurt am Main)
Jonas Hain (Associate, M&A/Corporate Law, Frankfurt am Main)
About Corestate Capital Holding S.A. (CORESTATE)
Corestate is an investment manager and co-investor with around € 19 billion in assets under management in the core business. The company sees itself as a manager for the entire length of the real estate value chain. Thanks to its fully integrated real estate platform, it is able to offer investors a wide range of services, especially the opportunity to invest in large-scale societal trends such as urbanisation, demographic shifts or sustainability – trends that will continue to have a decisive influence on the living and working environment in the long term. The consistent focus on asset classes that will be successful in the long run constitutes a central cornerstone of the company strategy. At Corestate, all concepts are supported with ESG expertise that is unique to the industry. With more than 500 experts, Corestate offers clients and investors a full range of services and consultation from a single source, from project financing and real estate management to sales. Corestate is listed on the Frankfurt Stock Exchange and operates as a respected business partner for institutional and semi-institutional investors as well as high-net-worth private investors in 11 countries across Europe, with offices in Frankfurt, Vienna, Zurich, Paris, Madrid and London. Please visit www.corestate-capital.com for further information.
