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GSK Stockmann advises DC Values on acquisition of Wöhrl-Plaza in Dresden

With comprehensive real estate, investment and tax law advice provided by GSK Stockmann and under the leadership of transaction partner Dr. Michael Jani, DC Values Group has acquired the commercial building Wöhrl-Plaza, located in Prager Straße 8 in Dresden. Size of the property is 18,400 sqm. This acquisition was part of their self-managed open-end real estate fund “DCV Highstreet 1”.

Seller of the building is Tetris Grundbesitz GmbH. The Wöhrl-Plaza has an office area of 2,700 sqm, 20 apartments and 9,500 sqm of sales space. Anchor tenant is the fashion store “Wöhrl”.

In addition to the standard due diligence, drafting and negotiation of the purchase agreement as well as all accompanying agreements, GSK’s consultation included – according to the holistic nature of the law firm for institutional investors – investment support as well as the tax audit and the transaction structuring.

Advisor DC Values:

GSK Stockmann: Dr. Michael Jani (Lead, Real Estate and Investment), Dr. Christoph Strelczyk, Christina Reiber (both Real Estate), Dr. Jan Bernd Seeger (Projects & Public Sector), certified tax advisor Dominik Berka (Tax)

Contact at GSK Stockmann:
Dr. Michael Jani