Heuking advises Deka on matters of tax law relating to the acquisition of “Cubes” in Düsseldorf

A team led by Dr. Henrik Lay, Partner at Heuking Kühn Lüer Wojtek, advised Deka Immobilien on matters of tax law relating to its acquisition of the “Cubes” office building for the portfolio of open-ended mutual property fund Deka-ImmobilienEuropa. The property was sold by Axa IM Alts on behalf of a client.

Located at Cecilienallee 6-7 in Düsseldorf, the office building comprising a leasable area of almost 15,000 square meters and 225 parking spaces was completed in 2012. The three cubes, which are offset against each other, are fully leased on a long-term basis with advisory, tax and assurance firm Baker Tilly being the main tenant. In addition to tax advice from Heuking Kühn Lüer Wojtek, a team from Reius led by Dr. Stefanie Fuerst legally advised on the transaction.

Counsel to Deka Immobilien
Heuking Kühn Lüer Wojtek:
Dr. Henrik Lay (Tax, Lead), Hamburg
Dr. Sarah Slavik-Schulz (Tax), Hamburg