Deutsche Konsum REIT-AG acquires Penny discount food store in Kelbra

Real estate agent Winters & Hirsch has advised a private investor from Hamburg on the sale of the retail property Jochstraße 2 / Storkeyplatz in Kelbra, a town of around 3,500 in the rural district of Mansfeld-Südharz in Saxony-Anhalt, to Deutsche Konsum REIT-AG.

The discount food store is currently the only food store in the town centre. The tenant is Penny-Markt GmbH (Rewe Group).

The 1993 structure lies in an urban conservation area and has approximately 930 sqm of floor space, including 700 sqm of sales space. The plot covers around 1,000 sqm.

Idyllically located near the Kelbra Dam and the Kyffhäuser Monument, the town draws numerous tourists and daytrippers.

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

The parties have agreed not to disclose the purchase price.

 

Deutsche Konsum REIT-AG acquires Luisen-Center in Hettstedt

The real estate agent Winters & Hirsch has advised a private investor from Hamburg on the sale of a mixed-use residential, office and retail building in Saxony-Anhalt to Deutsche Konsum REIT-AG.

The property, the Luisen-Center, is situated at Luisenstr. 18 a-k / Am Plattenberg in Hettstedt in the rural district of Mansfeld-Südharz (Saxony-Anhalt). A town of approx. 15,000, Hettstedt is located in the eastern foreland of the Harz Mountains, approx. 40 km northwest of Halle (Saale). Formerly a centre of the copper mining industry, today, the local economy is mainly driven by non-ferrous metallurgy today.

Anchor tenant with approx. 894 sqm is the Penny-Markt GmbH (Rewe Group). The fully occupied property has eight retail units, five office/practice units and four residential units distributed over 2,780 sqm of floor space.

Completed in 1995, the Luisen-Center lies in the urban conservation area ‘Ortskern Hettstedt‘. The centrally located corner plot has approximately 5,146 sqm.

Acting on instruction from the seller to market the property, Winters & Hirsch also advised the buyer on the acquisition.

The parties have agreed not to disclose the purchase price.

RATISBONA Handelsimmobilien acquires Heide-Center in Schwarzheide – Winters & Hirsch advises

Regensburg. RATISBONA Handelsimmobilien, the East Bavarian retail property specialist, has added the specialist retail centre Heide-Center at Schipkauer Str. 13 in Schwarzheide (German state of Brandenburg) to its portfolio in July 2017. Seller is the Berlin-based open-end real estate fund IF Immobilien Verwaltungs GmbH & Co. Anlage KG.

The parties have agreed not to disclose the purchase price.

Completed in 1996, the Heide-Center has approximately 10,422 sqm of rental space. Around 9,309 sqm of the fully occupied premises have been dedicated to retail space. Offices and a gymnasium occupy the remainder of the floor space.

REWE, ALDI, Rossmann, TEDI, Ernsting`s Family, and Hammer are the main tenants on the premises.

The grounds cover approximately 26,000 sqm and include a car park with 320 spaces. The specialist retail centre benefits from its immediate proximity to BASF Schwarzheide GmbH, the largest employer in the region. In addition, the adjoining commercial estate, Gewerbegebiet Süd, is home to numerous smaller companies. The infrastructure is also on the plus side. The A13 motorway (entries Schwarzheide and Ruhland) is only a short drive. The motorsport circuit EuroSpeedway Lausitzring is situated north of Schwarzheide.

The buyer, Regensburg-based RATISBONA Handelsimmobilien, is among the leading developers of food stores. Some 30 years ago, the company started focusing on the conception, development, realisation, marketing and management of food stores and specialist retail centres. Over the years, the acquisition and revitalisation of property stock have become another core area of expertise. Since being established in 1987, RATISBONA has realised around 1,150 properties in Germany and abroad.

 

Centerscape acquires high-street store near Hackescher Markt in Berlin

The real estate agent Winters & Hirsch has advised Centerscape on yet another acquisition, this time a high-street store in a historical area of Berlin, Spandauer Vorstadt. The seller is the Berlin-based United Land GmbH.
The store is located in the mixed-use residential and retail building Oranienburger Str. 12 in the district of Mitte and has approximately 206 sqm. The tenant is G-Star RAW. The Oranienburger Straße store had been the first store of the Dutch retail chain, which specialises in exclusive designer fashion, in Berlin.
The listed property Oranienburger Straße 12 was built in 1884 and modernised in 2003.
The parties have agreed not to disclose further details, including the purchase price.
The transaction marks the first acquisition of a high-street property for Centerscape in the Greater Berlin area. Established in 2007, the company has built an impressive real estate portfolio of 155 assets, including 14 in Greater Berlin. The portfolio represents a total investment volume of currently around 685 mn euros. Centerscape’s team of 60 focuses on the further growth of the company, acquiring up-market retail properties in Germany, Poland, and the Czech Republic. Properties in prime retail locations and at busy road junctions, retail buildings and ground floor retail units occupied by fashion retailers, pharmacies, organic supermarkets, banks, and restaurants, among others, are all part of the company’s investment profile.
The purchase contract was notarised by notary Dr. Volker Dickersbach of Neumann + Dickersbach, Berlin.
The Berlin law firm Fuhrmann Wallenfalls represented the seller. The buyer was represented by Wirtschaftskanzlei GSK Stockmann.

 

 

Centerscape snaps up EDEKA store in iconic SAPPHIRE building in Berlin

Centerscape has acquired the 13. property in the region. The latest acquisition, a retail unit on the ground floor of the SAPPHIRE in Chausseestraße, comes with a long-term lease contract with EDEKA, the food retailer.

The seller was a joint venture of two Berlin property developers, econcept and Minerva.
Winters & Hirsch has successfully advised on the sale.

The property Chausseestr. 43 / Schwartzkopffstraße 1 lies in Berlin’s Mitte district, opposite the new headquarters of the Federal Intelligence Service.

Completed in February 2017, the SAPPHIRE is of particular architectural importance for the Mitte district and Berlin. It is the first residential building by New York star architect Daniel Libeskind in Germany. The silver-bluish ceramic-titanium facade and the asymmetric cubature lend a whole new quality to the Chausseestraße area. A unique residential and retail building, the SAPPHIRE is a landmark resembling the cutting and sparkle of a sapphire.

The new building has 73 condominiums, including penthouse apartments. The retail unit on the ground floor sold by Winters & Hirsch has around 1,100 sqm. The basement parking garage holds 32 cars.

The parties have agreed not to disclose the purchase price.

Centerscape was advised on legal matters by the law firm Bissel + Partner, based in Erlangen.

Established in 2007, the company has built an impressive real estate portfolio of 155 assets, including 14 in Greater Berlin. The portfolio represents a total investment volume of currently around 685 mn euros. Centerscape’s team of 60 focuses on the further growth of the company, acquiring up-market retail properties in Germany, Poland, and the Czech Republic. Properties in prime retail locations and at busy road junctions, retail buildings and ground floor retail units occupied by fashion retailers, pharmacies, organic supermarkets, banks, and restaurants, among others, are all part of the company’s investment profile.

RATISBONA acquires Netto store in Krefeld

Real estate agent Winters & Hirsch has exclusively advised a Berlin wealth management firm on the sale of a retail property in Krefeld (North Rhine-Westphalia) to RATISBONA.

Completed in 2003, the 930 sqm discount food store, a Netto Marken-Discount, is located at Mühlenweg 20-22 in Krefeld’s Hüls area.

The plot has approximately 4,013 sqm and accommodates around 82 parking spaces.

RATISBONA plans to revitalise the property in the medium run.

Besides acting for the seller with an exclusive mandate, Winters & Hirsch also advised the buyer on the transaction.

The parties have agreed not to disclose the purchase price.

The Berlin team of Baker Tilly Roelfs has advised the seller on tax issues.

Hennigsdorf retail property snapped up by Family Office from Israel

Winters & Hirsch has advised CD-Inter-Immobilien based in Wandlitz on the sale of the retail property Bahnhofstraße 2 / Dorfstraße 44 in Hennigsdorf in the rural district of Oberhavel (German state of Brandenburg) to a Family Office from Israel.

The 2010 building enjoys a central location in the town of Hennigsdorf. The approx. 535 sqm of retail space is let long-term to Getränke Hoffmann, the beverage chain. The property also has two residential units on the upper floor with a combined floor space of approx. 190 sqm. The approx. 2,030 sqm plot comes with 15 parking spaces.

Located immediately north-west of Berlin, Hennigsdorf has around 26,300 residents and enjoys an idyllic situation on the river Havel amidst woods and meadows. The location, combined with the town’s excellent transport links, makes Hennigsdorf a sought-after residential address and a popular destination for daytrippers.

Acting on instruction from the seller to market the property, Winters & Hirsch also advised the buyer on the transaction, for whom this latest deal was the fourth Getränke Hoffmann beverage market bought through Winters & Hirsch.

The buyer was represented by PwC Legal.

The parties have agreed not to disclose the purchase price.

Winters & Hirsch brokers sale of Columbushaus in Dresden to Family Office

Acting in sole agency for ARCAP Beteiligungsverwaltung GmbH & Co. COLUMBUSHAUS Immobilien-Fonds VII „Dresden, Berliner Straße“ KG, the Berlin real estate agency Winters & Hirsch has successfully brokered the sale of the Columbushaus, an office property in the Saxon capital, Dresden.

The prominent corner building Berliner Straße 1-13 / Löbtauer Straße 4-6 in Dresden’s Friedrichstadt area went by restricted tender to a well-known Family Office from Germany.

The parties have finalised the contract in August. They have agreed not to disclose the purchase price.

Completed in 1993, the former seat of the Dresden local and regional court comprises approximately 21,100 sqm of lettable space, mainly offices. On the ground floor, there is 2,000 sqm of retail space.

The basement parking garage has 180 spaces; the outdoor car park has 70. The plot covers approximately 13,000 sqm.

The vacancy rate is around 50 per cent.

Situated close to Friedrichstadt and Mitte stations and the inner-city ring road, the Columbushaus enjoys excellent transport links. The historic town centre with the Semper Opera House and the Zwinger is nearby.

Appointed by the seller and the financing bank, Winters & Hirsch managed the tendering procedure as a sole agent. Noerr LLP has advised the seller on legal issues.

Winters & Hirsch advises on sale of residential building in Berlin to private investor

The Berlin real estate agency Winters & Hirsch has advised Deutsche Wohnen AG on the sale of a residential building in Berlin’s Lichtenrade area (Tempelhof-Schöneberg district). An unnamed private individual, who is on the board of a real estate firm, has bought the property.

Completed in 1984, the two-storey, fully occupied building is situated on Im Domstift. The property comprises four residential units with approximately 357 sqm of rental space and 1,089 sqm of outdoor space.

The property went for 18 times the net annual rent plus purchasing costs. The parties have agreed not to disclose the purchase price.

The southernmost area of Tempelhof-Schöneberg district, Lichtenrade borders on the rural district of Teltow-Fläming in the state of Brandenburg. The property sold lies in a quiet, leafy residential area close to the old village core and Lichtenrade public park. The nearby B 96 trunk road ensures fast road links.

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

Beverage store in Berlin goes to Family Office from Israel

The Berlin-based real estate agency Winters & Hirsch has advised PPC Immobilien UG from Weißenhorn (Bavaria) and STO Gruppe from Karlsruhe (Baden-Württemberg) on the sale of a beverage store in Berlin’s Pankow district to a Family Office from Israel.

Completed in 2005, the single-storey, fully occupied property at Blankenburger Chaussee 81-82 has approx. 500 sqm of rental space. The approx. 2,336 sqm plot accommodates around 20 parking spaces.

Sole, long-term tenant is Getränke Hoffmann GmbH. The beverage retailer is part of Radeberger Gruppe and currently operates approx. 195 stores in Berlin and Brandenburg.

Karow, an area in the north-eastern district of Pankow, is situated directly on the border with the state of Brandenburg. The property sold lies on a busy main road within a wide-spread residential area that retains most of its rural character.

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

The law firm FPS has represented the buyer.

The parties have agreed not to disclose the purchase price.