German Health Insurer Süddeutsche Krankenversicherung a.G. (SDK) has completed another real estate transaction as part of its new real estate acquisition strategy. International law firm Clifford Chance advised SDK on the acquisition of the office property Five Boats in Duisburg from Hannover Leasing.

The Five Boats office building in Duisburg’s Inner Harbor offers around 20,000 square metres of office space and is fully let.

Clifford Chance has advised SDK on several recent real estate transactions. The team included partner Gerold Jaeger (Düsseldorf), associate Stephanie Cohen, transaction lawyer Marisol Peláez Romero (both Frankfurt, all Real Estate), partner Josef Brinkhaus (Frankfurt), counsel Dominik Thomer and associate Philipp Weiten (both Düsseldorf, all Tax).

The original press release can be found here on Clifford Chance’s website.