# C_2014374EN.01000501.xml

| 22.10.2014 | EN | Official Journal of the European Union | C 374/5 |
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22.10.2014

EN

Official Journal of the European Union

C 374/5

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Prior notification of a concentration

(Case M.7416 — RREEF/ECE/PalaisQuartier)

(Text with EEA relevance)

(2014/C 374/05)

| 1. | On 14 October 2014, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings RREEF Spezial Invest GmbH (‘RREEF’, Germany), controlled by Deutsche Bank Gruppe, and ECE Projektmanagement GmbH & Co. KG (‘ECE’, Germany), controlled by KG CURA Vermögensverwaltung GmbH & Co. (Germany), acquire within the meaning of Article 3(1)(b) of the Merger Regulation indirect joint control of the property MyZeil shopping centre (‘MyZeil’, Germany), part of the PalaisQuartier GmbH & Co. KG property portfolio (‘PalaisQuartier’, Germany), by way of purchase of shares and management contract. Moreover, it is planned that RREEF will acquire sole indirect control of the four other properties which are part of the PalaisQuartier property portfolio by way of purchase of shares. |
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1.

On 14 October 2014, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings RREEF Spezial Invest GmbH (‘RREEF’, Germany), controlled by Deutsche Bank Gruppe, and ECE Projektmanagement GmbH & Co. KG (‘ECE’, Germany), controlled by KG CURA Vermögensverwaltung GmbH & Co. (Germany), acquire within the meaning of Article 3(1)(b) of the Merger Regulation indirect joint control of the property MyZeil shopping centre (‘MyZeil’, Germany), part of the PalaisQuartier GmbH & Co. KG property portfolio (‘PalaisQuartier’, Germany), by way of purchase of shares and management contract. Moreover, it is planned that RREEF will acquire sole indirect control of the four other properties which are part of the PalaisQuartier property portfolio by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:






  — | RREEF: management of open-ended property funds in Germany and worldwide investment in property. |
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2.

The business activities of the undertakings concerned are:

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RREEF: management of open-ended property funds in Germany and worldwide investment in property.

| — | ECE: consultation and management with regard to the acquisition, development, planning and construction of commercial properties and other property, as well as the management of let property and administration, control and disposal of such property. |
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ECE: consultation and management with regard to the acquisition, development, planning and construction of commercial properties and other property, as well as the management of let property and administration, control and disposal of such property.

| — | PalaisQuartier is a property portfolio consisting of a shopping centre (MyZeil), car park, office buildings, catering and event facilities and a hotel. |
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PalaisQuartier is a property portfolio consisting of a shopping centre (MyZeil), car park, office buildings, catering and event facilities and a hotel.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

| 4. | The Commission invites interested third parties to submit to it their observations on the proposed operation.
  Observations must reach the Commission no later than 10 days following the date on which this notification is published. They can be sent to the Commission under reference number M.7416 — RREEF/ECE/PalaisQuartier by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post to the following address:





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

4.

The Commission invites interested third parties to submit to it their observations on the proposed operation.

Observations must reach the Commission no later than 10 days following the date on which this notification is published. They can be sent to the Commission under reference number M.7416 — RREEF/ECE/PalaisQuartier by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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

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