The business law firm of Heuking Kühn Lüer Wojtek advised DC Values Group on the acquisition of three commercial buildings at Leipziger Platz 14, 15, and 16 in Berlin’s city center. The team led by Dr. Michael Dröge, Fabian G. Gaffron, and Dr. Sönke Görgens carried out the legal due diligence and negotiated the purchase contract. The seller of the properties is HGHI Holding GmbH. The parties agreed not to disclose the purchase price.
Key tenants of the properties with total rental space of some 22,500 square meters are retailers such as Uniqlo, Superdry, and Vodafone. The buyers were supported in financing by Munich-based Deutsche Pfandbriefbank.
DC Values Group specializes in the acquisition and development of retail properties in German pedestrian zones. The real estate company was established in 2009. Since then, it has acquired real estate with a project volume of some EUR 1.2 billion. DC Values is an independent subsidiary of Hamburg-based Dahler & Company Group.
Counsel to DC Values
Heuking Kühn Lüer Wojtek:
Dr. Michael Dröge (Real Estate and Corporate, Lead) and Fabian G. Gaffron (Corporate and Tax, Lead)
Dr. Sönke Görgens (Real Estate, Lead Due Diligence)
Dr. Kai Erhardt (Finance)
Dr. Christina Etzel (Corporate)
Dr. Ullrich Schlichtherle (Civil Law, Tenancy Law), all Hamburg
Dr. Florian Arnold (Tenancy Law), Munich
Gilbert Toepffer (Construction and Architects’ Law)
Jens Blumrich (Tenancy Law)
Heide Zweigler (Tenancy Law), all Chemnitz