Baker McKenzie advised Deka Immobilien Investment GmbH ("Deka Immobilien"), part of one of the largest real estate managers in Germany, on the acquisition of its first real estate logistics investment in the Swiss canton of Ticino, for their open-ended real estate fund, WestInvest InterSelect.
The logistics building was built in 2013 and offers more than 50,000 square meters of rentable space. It has been awarded LEED Platinum certification, underscoring its environmental and energy efficiency credentials. The distribution center is fully let on a long-term lease to one of the world's largest pure-play contract logistics providers. The location is strategically positioned within the Germany-Basel-Milan logistics corridor, one of Europe's most important supply chain hubs.
Baker McKenzie Switzerland advised Deka Immobilien on all legal aspects of the real estate transaction.
Samuel Marbacher (partner, real estate) led the team, which consisted of Pascal Dorier (associate, real estate), Jasmin Spörri and Fabrizio Zavatta (both trainee lawyers).