Berlin—Global law firm Dentons advised IREIT Global on the acquisition of several office buildings, let by long-term agreements to subsidiaries of Deutsche Telekom AG. These included: The headquarters of Deutsche Telekom AG in Bonn, the headquarters of T-Mobile in Darmstadt and two connected office complexes in Münster, predominantly used by T-Online. The seller was an investor from Israel. The purchase price amounted to approximately €224.5 million.

The financing of the transaction was managed through DekaBank Deutsche Girozentrale.

IREIT is a real estate investment trust located in Singapore. The purchase of the portfolio was effected immediately after the stock market listing on August 13, 2014.

Advisor IREIT Global
Dentons (Berlin): Dirk-Reiner Voß (Partner, leading, Real Estate), Hauke Thieme (Partner, Tax), Sebastian Schmid (Counsel, Real Estate), Michael Brill (Counsel, Real Estate), Thomas Kaspelherr (Counsel, Real Estate Financing), Dr. David Lange (Associate, Real Estate), Anna Rostalski (Associate, Tax)
Dentons (Frankfurt): Robert Michels (Partner, Capital Markets), Valeria Hoffmann (Associate, Capital Markets)