Art-Invest Real Estate Management GmbH & Co KG agreed to acquire Lindley Lindenberg Hotel from A.A.A. Aktiengesellschaft Allgemeine Anlageverwaltung (DB:AAA) for €21.2 million on December 30, 2019. The execution of the purchase agreement is subject to the usual conditions as well as a waiver of the city's rights of first refusal. GSK Stockmann + Kollegen Rechtsanwalte Steuerberater Partnerschaftsgesellschaft Mbb acted as legal advisor to Art-Invest Real Estate Management GmbH & Co KG, and Fieldfisher (Germany) LLP acted as legal advisor to A.A.A. Aktiengesellschaft Allgemeine Anlageverwaltung. Ernst & Young advised in the transaction. Art-Invest Real Estate Management GmbH & Co KG completed the acquisition of Lindley Lindenberg Hotel from A.A.A. Aktiengesellschaft Allgemeine Anlageverwaltung (DB:AAA) on February 7, 2020.