Kerken & Oberndorf: All good things come in threes – LAHAV continues to focus on specialist markets and solar energy

Within a few days, the Israeli LAHAV family office was able to secure two additional specialty stores by concluding purchase agreements. The properties are a 1,470 m² Woolworth in Kerken, North Rhine-Westphalia, and an approx. 1,350 m² store in Oberndorf, Baden-Württemberg, which is leased to the Dutch non-food discounter Action. Both the identification of the investments and the coordination of the DD process were coordinated by DRIA GmbH.

Both properties have a photovoltaic system, which was acquired as part of the purchase by Captain Planet Sun Power GmbH & Co. KG, a joint venture between Lahav and DRIA for renewable energies, as the new operator. In addition to managing the purchase process, DRIA GmbH will also be responsible for the future management of the properties .
The parties have agreed not to disclose the purchase price.

Buyer: LAHAV & Captain Planet Sunpower GmbH & Co. KG, Mönchengladbach
Seller: Corporate entity, Germany