SNP Schlawien advises seller of an office property in the automotive city of Wolfsburg
The commercial law firm SNP Schlawien advised the project company Hafenstraße 2 GmbH on the sale of a newly constructed office property in Wolfsburg. The buyer of the property was the investment and asset manager ADVENIS Germany. The parties agreed not to disclose the purchase price.
The office building with adjoining test hall is located in the Hafenstraße/ Westrampe industrial estate in Wolfsburg-Fallersleben, west of the Viehtrift bridge and south of the northern bypass. The total leasable area is around 9,400 square meters and is spread over two buildings. In addition, 179 parking spaces are available on the property. The so-called core-plus property has a very high building quality and is fully leased to two well-known suppliers to the automotive industry, the internationally active engineering service provider iinovis and the Volkswagen Automotive subsidiary Cariad. Advenis Germany acquired the property for the EUROVALYS fund.
Advisors to Projektgesellschaft Hafenstrasse 2 GmbH
SNP Schlawien, Munich: Hannes Dürr (lead) and Julia Bodev (both construction and real estate law, Munich), Dr. Wolfgang Heinze (corporate and contract law, Munich)
Advisors to ADVENIS Germany
Press contact for this transaction
Certified construction and architects' law attorney
Phone: +49 89 28634-452