22. August 2022

Recklinghausen: DRIA GmbH acquired a residential/commercial building for a Israeli Family Office

A Israeli Family Office acquired a residential/commercial building in Recklinghausen with the help of DRIA GmbH. The property was built in the early 1990s on a plot of around 3.166 m² and has a total rental area of app. 1.341 m². Long-term anchor tenant is the discounter Penny, which claims with around 1.167 m²  the bigger part of the total space. At the end of 2021 Penny has completely modernised the space. In addition to another commercial unit and two flats, the property also includes about 50 parking spaces.

The parties have agreed not to disclose the purchase price.

Buyer: Israeli Family Office

Seller: Privatier, Cologne

 

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Eastern Germany: LAHAV acquires further sub-portfolio

In the fourth quarter of 2023, the Israeli LAHAV-FO announced that it had completed the acquisition of a retail portfolio with 7 retail properties to date, spread across western and southern Germany. In the course of this transaction, the next properties have now been added to LAHAV-FO’s portfolio. These are 4 retail locations in eastern […]

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