WCM Beteiligungs- und Grundbesitz-AG (DB:WCMK) agreed to acquire three retail centers in Baden- Wuertemberg and Saxony-Anhalt for €98.2 million on November 10, 2016. The acquisition is planned to be financed by pbb Deutsche Pfandbriefbank via a combination of existing cash and mortgage lending. As of February 1, 2017 WCM Beteiligungs- und Grundbesitz-AG secured the financing of €38 million. The portfolio generates annualized rental income of around €7.6 million. The closing is expected within the first quarter of 2017. Acquisition increases EPRA NAV and Funds from Operations significantly. Axel Mühlhaus and Sönke Knop of edicto GmbH acted as public relations advisor to WCM. Sandra Pfister, Reinhard Bunjes, Stefan Skulesch and Robert Schindler of Bryan Cave and Basile Fémelat and Cyril d’Herbes of MNKS Luxemburg acted as a legal advisers and Sandra Hofmann acted as an in-house adviser to pbb Deutsche Pfandbriefbank. Marc Bohne and Stephan Kock of Goodwin Procter LLP, Frankfurt acted as a legal adviser to WCM Beteiligungs- und Grundbesitz-AG. WCM Beteiligungs- und Grundbesitz-AG (DB:WCMK) completed the acquisition of three retail centers in Baden- Wuertemberg and Saxony-Anhalt on March 30, 2017.