Diok RealEstate AG, a client of Heuking Kühn Lüer Wojtek, acquired a real estate portfolio consisting of six properties in Hattingen, Bochum, Neuss, Ulm, and Freiberg am Neckar. The properties have a total area of some 32,200 square meters and a market value of EUR 52.75 million. The properties were acquired in a share deal, thus by the acquisition of the property companies holding the properties. The purchase price payment served to repay the seller’s previous financing.
A team led by Dr. Mirko Sickinger of Heuking Kühn Lüer Wojtek advised Diok on due diligence and the purchase agreements for the transaction.
Diok RealEstate AG, a real estate company focusing on German office real estate, is headquartered in Cologne. The company specializes in developing an attractive office real estate portfolio in good to very good micro sites of secondary locations. Diok has outsourced all personnel-intensive activities to third parties; these are controlled and managed by Diok.
Counsel to Diok RealEstate AG
Heuking Kühn Lüer Wojtek:
Dr. Mirko Sickinger, LL.M. (Lead),
Sven Radke, LL.M.,
Tim Remmel, LL.M., all Cologne
Dr. Thomas Nickel,
Patrick Sahm, LL.M. (Austin), both Frankfurt
Dr. Peter Vocke,
Christoph Nöhles, LL.M. (Boston University),
Fabian Schmitz, all Düsseldorf