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Summit sells 18 supermarkets throughout Germany

The Summit Real Estate Group, which is listed on London’s Stock Exchange, sold 18 supermarkets to the Israeli real estate investor LAHAV Real Estate Group.

Over the last years, Summit invested primarily into office and production buildings. The sale of this retail portfolio to LAHAV was a logical step towards the focus on its core business. The transaction was structured as a share deal.

The counsel team was headed by Dr. Tara Kamiyar-Müller and Dr. Matthias Müller, MBA. It further consisted of Dr. Fabian Laugwitz, MBA, LL.M. and Monique Meyerer.

act legal Germany advises Summit regularly in all aspects of real estate law, including ongoing real estate administration and transactions.

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