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The European Commercial Fund managed by Cordea Savills acquired shopping center "Nordmeile" in Berlin from Royal Bank of Scotland (Vol. €41m.)

The European Commercial Fund managed by Cordea Savills acquired shopping center "Nordmeile" in Berlin from Royal Bank of Scotland. The transaction volume amounts to €41m.

P+P partner Dr. Wolfram Pätzold advised Cordea Savills on all legal aspects of the aquisition, supported by associates Dr. Matthias Werner, Michael Wichert and Anna Capone. Latham & Watkins and CBRE advised the seller.