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17.10.2018

GSK Stockmann advises Deka on the purchase of the office high-rise “Stadttor” in Düsseldorf

GSK Stockmann advises Deka on the purchase of the office high-rise “Stadttor” in Düsseldorf.
A GSK Stockmann team supported WestInvest Gesellschaft für Investmentfonds mbH, a subsidiary of Deka Bank, with comprehensive legal advise regarding the purchase of the office high-rise building called “Stadttor” (“city gate”) in Düsseldorf. The seller is Palmyra Verwaltungsgesellschaft mbH & Co. Vermietungs KG S.E.N.C., registered in Luxembourg and a Hannover Leasing investment company.

The “Stadttor” high-rise was built in 1998 and offers a lettable area of nearly 30,000 m2 as well as 520 parking spaces. The main tenant is going to be the State of North Rhine-Westphalia. The property is a landmark building in Düsseldorf and was awarded the Leadership in Energy and Environmental Design (LEED) standard “silver” as well as the certificate “gold” by the German Sustainable Building Council (DGNB).

Adviser of WestInvest Gesellschaft für Investmentfonds mbH:

GSK Stockmann: Dr. Rainer Werum, Dr. Michael Eggersberger (both Real Estate), Dr. Markus Söhnchen (Corporate), Dr. Stefan Geiger (Public), Dr. Marcus Peter (GSK Luxembourg), Dominik Berka (Tax); Associates: Kirill Schitomirski (Real Estate), Inga Henrich (Corporate), Andreas Ebert (Tax), Marie-Therese Wich (GSK Luxembourg)

Legal department at Deka Bank: Ekkehart Orth, Carsten Sievert