Global law firm White & Case LLP has advised Wilma Europe Holding BV on the sale of its majority stake in Wilma Immobilien GmbH (Wilma).
The buyer is the Luxembourg based real estate fund Aermont Capital Real Estate Fund IV (ACREF IV). The parties have agreed not to disclose the purchase price. The transaction is still subject to the approval of the relevant authorities.
Wilma is one of Germany's leading residential real estate developers, deeply anchored in its core regions North Rhine-Westphalia, Rhine-Main and Baden-Württemberg. The company was founded in 1939 and employs around 140 people. With the available equity capital, ACREF IV intends to further support Wilma's growth strategy.
The White & Case team which advised on the transaction was led by partners Stefan Koch and Holger Wolf (both Frankfurt) and included partners Justus Herrlinger (Hamburg) and Bodo Bender (Frankfurt), local partners Tomislav Vrabec, Jan Ole Eichstädt, Michael Leicht and Tim Bracksiek (all Frankfurt), associates Behnam Yazdani, Sandra D'Ascenzo, Anne-Sophie von Koester, Anne Henzel, Hugo J. S. Schwarz Leite and Paul Kohlhaas (all Frank-furt) and Sebastian Stütze (Hamburg).
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