GÖRG advises x+bricks on the purchase of two specialist stores of Hugo Rauch & Söhne GbR

Frankfurt, 21.10.2019

GÖRG Partnerschaft von Rechtsanwälten mbB advised x+bricks AG on the purchase of two Hugo Rauch & Söhne GbR specialist stores under the management of its partners Oliver Nobel and Dr. Markus Heider. The acquired properties are located in Bischofsheim and Rüdesheim. In total, Hugo Rauch has sold a portfolio of five specialist stores with a total area of around 40,000 sqm, of which the other properties are located in Mainz and Usingen. The main tenants in the stores are the supermarket chains Rewe and Penny, whose lease contracts are medium-term.

x+bricks invests in food-anchored real estate such as supermarkets, discounters or specialty shopping centres. The focus is on the purchase of portfolios and individual properties in prospering cities throughout Germany. They have internalised the entire value-added chain, with a clear focus on digitalization and optimisation of processes. The aim is to manage the homogeneous asset class more efficiently through standardisation, thereby strengthening tenant relationships and minimising unapportionable ancillary costs.

Advisors x+bricks

GÖRG Partnerschaft von Rechtsanwälten mbB
Oliver C. Nobel, MBA, Partner, Real Estate Law, Frankfurt/Cologne (lead)
Dr. Markus Heider, Partner, Real Estate Law, Cologne
Sarah Theus, Associated Partner, Real Estate Law, Cologne
Dr. Holger Dann LL.M., Counsel, Tax, Cologne
Tamara Schwarz, LL.M., Business Lawyer, Frankfurt

Advisors Hugo Rauch & Söhne GbR

Lührmann Düsseldorf GmbH & Co. KG

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