Gevelsberg: DRIA GmbH acquires a retail park for an Israeli family office

The Israeli family office, which is advised by DRIA GmbH on purchases throughout Germany, has acquired a retail park located in a commercial area of Gevelsberg.

The property was built in 1993 on an area of around 15,200 m² and consists of 2 building structures with a total lettable area of around 4,966 m². The anchor tenant with an area of around 3,834 m² is the furnishing discounter tedox, which itself recently invested around € 2 million in modernisations in the location and at the same time extended its lease. In addition to tedox, Denn’s Biomarkt and a dental practice are also settled here. The seller was advised on the transaction by Lührmann Deutschland GmbH & Co. KG from Düsseldorf. The parties agreed not to disclose the purchase price.

Buyer: Israeli Family Office, Berlin

Seller: Fund, Bergisch Gladbach

Current article

28.09.2023

Wittenberge: DRIA acquires another retail park for LAHAV

In addition to the recently acquired retail park in Sennfeld, Bavaria, the Israeli family office LAHAV has purchased another retail property in Wittenberge, Brandenburg. The shopping center, which was built in 1996, is located on a site of around 40,000 m² and has just under 10,000 m² of rental space, of which around 6,200 m² […]

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