Arbireo Capital AG has acquired a retail property in Lauchhammer in the federal state of Brandenburg from a well-known German property developer. The seller had retained the experts of Winters & Hirsch to market the property.

Completed in Q4 2018, the Netto Marken-Discount store is located in Lauchhammer‘s prime retail location. The address is Mückenberger Straße 3, 5 / Wilhelm-Pieck-Straße.

Lauchhammer has around 15,000 residents and is situated in the rural district of Oberspreewald-Lausitz in Brandenburg. As for road links, the town benefits from the nearby A13 motorway. The capital of Saxony, Dresden, is just an hour away by car.

The store has around 1,487 sqm of lettable space, including around 1,1019 sqm of sales space. Covering approx. 5,500 sqm, the plot accommodates around 75 parking spaces.

The tenant, Netto Marken-Discount AG & Co. KG, has taken out a 15-year lease with a 3/5 years renewal option.

Winters & Hirsch had been instructed by the seller to market the property and also advised the buyer on the transaction.

The notarisation of the purchase contract was performed by Dr. Börgers, notary public in Berlin.

The parties have agreed not to disclose the purchase price.

Winters & Hirsch has advised a Berlin-based Family Office on the sale of an OBI DIY
and Garden Centre in the Saxon town of Grimma (rural district of Leipzig) to a German
pension fund from Frankfurt.

The top-selling OBI store with a long-term lease is located on the corner of
Hengstbergstraße 2 and Wurzener Straße on the Nord I Hengstberg commercial estate.

Situated on the much-frequented trunk road B 107 and close to the A 14 motorway
(entry Grimma), the store enjoys easy accessibility.

Completed in 1997, the OBI outlet has approx. 13,427 sqm of lettable space.

The plot covers some 31,000 sqm and accommodates around 385 parking spaces.

With around 28,480 residents, the large district town of Grimma is the most populous community in the district. Grimma benefits from excellent infrastructure. The motorway
ensures fast road links to the cities of Leipzig and Chemnitz.

Winters & Hirsch had been retained by the seller as the sole agent to market the property
and also advised the buyer on the transaction.

The parties have agreed not to disclose the purchase price.

Winters & Hirsch has advised a property developer based in northern Germany on the sale of a retail property in the Thuringian town of Eisenberg to Arbireo Capital AG.

The property Saasaer Str. 1k, 1l, 1m is a specialty retail centre completed in 2001. In the summer of 2018, the premises reopened after extensive renovation, and the original tenants, Rossmann and KiK, were joined by new tenants, an Aldi store and a Huster beverage store.

Situated halfway between the cities of Jena and Gera, Eisenberg has around 11,000 residents and is the district town of the Saale-Holzland-Kreis.

The specialty retail centre has around 3,452 sqm of lettable space.

Aldi rents approx. 1,469 sqm; the Rossmann drugstore has approx. 846 sqm. The KiK store has around 655 sqm, the Huster beverage store around 384 sqm, and around 98 sqm are occupied by a florist shop.

The plot covers around 19,113 sqm and accommodates around 139 parking spaces.

Winters & Hirsch had been instructed by the seller to market the property as the sole agent and also advised the buyer on the transaction.

The seller was represented by the Frankfurt law firm Herbert Smith Freehills.

The notarisation of the purchase contract was carried out by Dr. Börgers, notary public in Berlin.

The parties have agreed not to disclose the purchase price.

The Berlin real estate agent Winters & Hirsch has advised a well-known German property developer on the sale of a retail property near St. Peter-Ording, a seaside town on the German North Sea coast, to Arbireo Capital AG.

The property is located on Welter Straße in the town of Garding, which has an official status as a health resort. A town with around 2,700 residents, Garding is located in the district of Nordfriesland, some ten kilometres from the popular seaside town of St. Peter-Ording.

Completed in the third quarter of 2018, the investment property is occupied by a Netto discount food store and a KiK discount fashion store.

The retail property has approx. 2,032 sqm of rental space, of which Netto rents around 1,432 sqm (including around 1,000 sqm of sales space). The KiK store has around 600 sqm.

The plot covers around 9,724 sqm and accommodates around 97 parking spaces.

The tenant Netto Marken-Discount AG & Co. KG has taken out a 15-year lease with a 3/5 years renewal option.

KiK Textilien und Non-Food GmbH has signed a 10-year lease with a 3/5 years renewal option.

Winters & Hirsch had been instructed by the seller to market the property as the sole agent and also advised the buyer on the transaction.

The notarisation of the purchase contract was performed by Dr. Börgers, notary public in Berlin.

The parties have agreed not to disclose the purchase price.

 

The Berlin real estate agent Winters & Hirsch has exclusively advised a Berlin-based wealth management firm on the sale of one of their properties, this time a mixed-use residential and retail building in the city of Krefeld in North Rhine-Westphalia. The property went to a private investor from Kleve.

The property’s address is Schulstraße 4, 6 in Krefeld’s Hüls area. Dirk Rossmann GmbH, the operator of a German-wide drugstore chain, is the anchor tenant on the premises.

The three-storey building, constructed between 1984 and 1985, features eight residential units and two retail units on approximately 1,291 sqm of rental space. The grounds cover around 1,106 sqm and hold three parking garages and four additional parking spaces.

The mixed-use property enjoys a prime location in the Hüls area, directly opposite the marketplace with the historical town hall and the head office of the Sparkasse Krefeld.

Besides the exclusive sales mandate from the seller, Winters & Hirsch also advised the buyer on the transaction. This latest transaction marks the sale of the last of the seller’s three properties in North Rhine-Westphalia, each concluded in 2017.

The parties have agreed not to disclose the purchase price. The Berlin team of Baker Tilly advised the seller on tax issues.