Clifford Chance has advised the French real estate investor Sofidy on the acquisition of the Seestern 8 office building in Düsseldorf. Sofidy is purchasing the property on behalf of the Efimmo1 fund. The vendors are Gebau Group, Deutsche Apotheker- und Ärztebank and one other joint owner.

The property, built in 1984 in the Seestern business district, provides around 16,500 m² of office space and 297 parking spaces. The building is fully let to a number of long-term tenants, including Deutsche Apotheker- und Ärztebank eG and the Versorgungswerk der Zahnärztekammer Nordrhein.

The Clifford Chance team was led by partner Dr. Gerold Jaeger and comprised associates Philip Heinzel, Jonathan Klein and senior transaction lawyer Katrin Rötering (all Real Estate, Düsseldorf), partner Dr. Uwe Schimmelschmidt (Tax, Frankfurt), counsels Dr. Dominik Thomer and Cord Freiherr von Mandelsloh and associate Dr. Philipp Weiten (all Tax, all Düsseldorf).