# C_2022438EN.01001401.xml

| 18.11.2022 | EN | Official Journal of the European Union | C 438/14 |
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18.11.2022

EN

Official Journal of the European Union

C 438/14

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Prior notification of a concentration

(Case M.10929 – GENERALI REAL ESTATE / MUNICH RE / SAXON LAND)

Candidate case for simplified procedure

(Text with EEA relevance)

(2022/C 438/09)

1.

This notification concerns the following undertakings:

| — | Generali Real Estate S.P.A. (‘GRE’), which is solely controlled by Assicurazioni Generali S.P.A (‘Generali’, both Italy), |
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Generali Real Estate S.P.A. (‘GRE’), which is solely controlled by Assicurazioni Generali S.P.A (‘Generali’, both Italy),

| — | Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft (‘Munich Re’, Germany), |
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Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft (‘Munich Re’, Germany),

| — | Saxon Land B.V. (the ‘JV’, the Netherlands). |
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Saxon Land B.V. (the ‘JV’, the Netherlands).

GRE and Munich Re will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the JV.

The concentration is accomplished by way of purchase of shares.

2.

| — | GRE is a real estate asset manager, operating with an integrated business model providing the full scope of asset management including property management services and is mainly active in Europe. The ultimate parent company of GRE, Assicurazioni Generali S.P.A., Italy, is active in the insurance and financial sector with worldwide activities, |
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GRE is a real estate asset manager, operating with an integrated business model providing the full scope of asset management including property management services and is mainly active in Europe. The ultimate parent company of GRE, Assicurazioni Generali S.P.A., Italy, is active in the insurance and financial sector with worldwide activities,

| — | Munich Re is an international insurance company, which covers the entire value chain of reinsurance, primary insurance and insurance-ancillary risk solutions, and also offers asset management services. Munich Re is active globally, with a focus on Europe and North America, |
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Munich Re is an international insurance company, which covers the entire value chain of reinsurance, primary insurance and insurance-ancillary risk solutions, and also offers asset management services. Munich Re is active globally, with a focus on Europe and North America,

| — | The JV is a real estate investment company, holding a single real estate property, a leasehold interest in 120 Fenchurch Street, London, UK, where a 15-story building with approx. 40 600 sqm of office and retail space is located. |
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The JV is a real estate investment company, holding a single real estate property, a leasehold interest in 120 Fenchurch Street, London, UK, where a 15-story building with approx. 40 600 sqm of office and retail space is located.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10929 – GENERALI REAL ESTATE / MUNICH RE / SAXON LAND

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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