HauckSchuchardt Advises in the Acquisition of the Handelsblatt-Haus in Frankfurt
In the acquisition of the Handelsblatt-Haus in Frankfurt, HauckSchuchardt has represented a company of property investors Orna und Arthur Wiener in all legal matters. The company of the property investors Wiener acquired the building at Eschersheimer Landstraße 50-54 from Catalyst Capital. The property extends across 5,400 m². The main tenant is the Handelsblatt Media Group as well as the architectural firm meyerschmitzmorkramer which rented ca. 1,750 m² in March. The total investment volume including refurbishment is 30 million euros. In association with a US family office, Catalyst acquired the building for ca. 16 million euros from Aachener Grundvermögen in 2014.
Both parties have agreed confidentiality concerning the purchase price.
In the transaction, the buyer was legally advised by the following lawyers at HauckSchuchardt:
Partners: Hans-Christian Hauck (lead management) and Dr. Jens Christoph Luckas.
FPS Fritze Wicke Seelig lawyers, under the management of Dietrich Sammer and Caroline Kuhr, advised the seller.