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Hogan Lovells advises Shaftesbury Real Estate Investment on the sale of the Frisia portfolio to Swiss Life

Led by their Frankfurt partner Dr Hinrich Thieme, the global law firm Hogan Lovells advised investment company Shaftesbury Real Estate Investment 1 (Luxembourg) S.à r.l on the sale of their “Frisia” portfolio. The buyer is Swiss Life.
The portfolio comprises two existing properties for full-time care in Lower Saxony with a total area of 7,100 square meters and a total of 168 beds. Operator of both of the properties is the Peter Janssen Seniorenresidenzen GmbH, which belongs to Orpea Deutschland GmbH.
Shaftesbury Real Estate Investment 1 (Luxembourg) S.à.r.l is part of the Shaftesbury Asset Management Group, a leading and independent real estate investment, fund and asset management company with offices in Luxembourg, Germany and Switzerland, as well as a representation in Spain.
Hogan Lovells team for Shaftesbury Real Estate Investment
Frankfurt
Dr. Hinrich Thieme (Partner, lead), Annika Lind, Florentine Gottwald, Judith Altenburg (all Associates) (all real estate).
Düsseldorf
Dr. Heiko Gemmel (Partner), Nico Neukam (Counsel) (both tax).

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