REIUS. advised the redos Group, which specializes in large-scale retail properties, on the acquisition of the Äppelallee Center in Wiesbaden. The purchase was made for the special AIF “Redos Einzelhandel Deutschland III“. The seller of the retail park with a lettable area of around 26,000 m² is the special AIF “Pradera Open Ended Retail Fund”. Current anchor tenants are real and Media Markt. The almost fully leased center has a total of 38 rental units. The property comprises around 69,500 m² of land and parking spaces for around 1,160 cars.
REIUS. advised with the following team: Dr. Holger Iversen, Dr. Stefanie Fuerst and Patrick Braasch (all lead), Dr. Jörn Kassow, Annette Griesbach, Dr. Constanze Kugler and Dr. Nikolaus Dickstein.
Contact:
Dr. Holger Iversen
Partner
+49 (0)40 696 39 15-18
holger.iversen@reius.de
Dr. Stefanie Fuerst
Partnerin
+49 (0)40 696 39 15-20
stefanie.fuerst@reius.de
Patrick Braasch
Counsel
+49 (0)40 696 39 15-33
patrick.braasch@reius.de