MEAG MUNICH ERGO Asset Management GmbH agreed to acquire portfolio of twelve shopping centers from Patrizia AG (XTRA:PAT) on September 9, 2021. The package will be acquired for Munich Re Group clients and two real estate funds, with which institutional investors can participate in the earning potential of this property form. The transaction is subject to review by the antitrust authorities. PATRIZIA was advised by JLL and Gleiss Lutz. PATRIZIA was advised by the following team of Gleiss Lutz lawyers Johannes Niewerth, Jonas Rybarz, Fabienne Mochow, Lesley Milde, Jacob von Andreae, Lars Kindler, Tatjana Schmidt, Kristina Müller, Alexander Fritzsche, Juliane Langguth and Matthias Schilde. Carsten Loll and Andreas Schaflitzl of Linklaters (Munich) and Ingo Klauß and Carsten Grave of Linklaters (Düsseldorf) acted as legal advisor to MEAG MUNICH ERGO Asset Management GmbH. Michael Bohnhardt of Clifford Chance Partnerschaftsgesellschaft acted as legal advisor to Patrizia AG.