Daishin Securities Co., Ltd. (KOSE:A003540) and Shinhan Asset Management acquired 49% stake in FBC office complex in Frankfurt from Aroundtown SA (XTRA:AT1) on April 17, 2020. Johannes Niewerth, Jonas Rybarz, Jacob von Andreae, Aylin Hoffs, Burkhard Jäkel, Vanessa Bayliss, Thomas Kulzer, Michael Burian, Martin Lembke, Anselm Christiansen, Christoph Meissner, Daniel Ahnert, Birgit Colbus, Johann Wagner and Hendrik Marchal of Gleiss Lutz acted as legal advisors to Daishin Securities Co., Ltd. and Shinhan Alternative Investment Management Inc.

Daishin Securities Co., Ltd. (KOSE:A003540) and Shinhan Asset Management completed the acquisition of 49% stake in FBC office complex in Frankfurt from Aroundtown SA (XTRA:AT1) on April 17, 2020. Following the disposal, BarakBar-Hen is the Chief Executive Officer and Chief Operating Officer and Klaus Krägel as Chief Development Officer of Aroundtown SA.