publity has acquired the multi-tenant “Union Center” property in Saarbrücken, which offers approximately 47,000 sqm of space. This city-centre office property comprises eight interlinked buildings which join together to form a prestigious complex. “The property is one of the most well-known buildings in Saarbrücken. It is so attractive thanks to its long-term tenants with their excellent credit ratings, its central location and the excellent infrastructure. Future tenants will also be able to benefit from this,” commented Thomas Olek, publity AG’s CEO. The law firm CMS Hasche Sigle, with a team headed by its Lead Partner Frank Schneider, is responsible for end-to-end legal consulting for the transaction, including project management and legal due diligence. Albrings + müller ag was responsible for technical project organisation and preparing technical due diligence. Waterway Investments GmbH acted as an exclusive agent on behalf of the seller.
