GSK Stockmann advised R+V Versicherung from Wiesbaden on purchasing the “Metropolitan” office building in Düsseldorf. The seller is the Hines Pan-European Core Fund.
The office building, which was completed in 2003, is located near the Hofgarten in downtown Düsseldorf opposite the theatre “Schauspielhaus” on Gustav-Gründgens-Platz and offers approx. 7,000 m2 of office space on seven floors. The property is fully let. The main tenant is a patent and law firm.
GSK Stockmann and a team led by Rainer Werum assisted R+V Versicherung in drafting and negotiating the purchase agreement.
Advisers of R+V Versicherung:
GSK Stockmann: Rainer Werum (Real Estate, lead), Dominik Berka (Tax); Associates: Jan-Bernd Seeger (Public), Andreas Ebert (Tax), Kirill Schitomirski, Friederike Mayer-Schwinning (both Real Estate)