Affiliates of the Harbert European Real Estate Fund HEREF IV LP (UK) have acquired the Düsseldorf office ensemble Duo from Deka Immobilien. No information has been provided about the sale price. The international law firm Clifford Chance advised Harbert on the transaction.
The property on Luise-Rainer-Straße, also known as Büropark Grafenberg, consists of an arc-shaped low rise building and an 18-story high rise with a total of about 34,000 sqare metres lettable space. DW Real Estate in Frankfurt is taking on the asset management of the property.
The Clifford Chance team for Harbert included partners Gerold Jaeger (Düsseldorf) and counsel Martin Barlösius (Munich, coordination), associates Philip Heinzel and Alexander Shemyakin (all real estate law) and partners Florian Mahler and senior associate Axel Schlieter (both financing, all Düsseldorf).