July, 2017 - Duesseldorf, Germany
Heuking Kühn Lüer Wojtek advises Volksbank Rhein-Ruhr eG on the acquisition of Werhahn mill in Duisburg
Volksbank Rhein-Ruhr eG, Duisburg, has acquired the Werhahn mill in Duisburg's inner harbor from alltours Flugreisen GmbH, Düsseldorf. The Werhahn mill, comprising about 27,000 square meters of space with some 50 tenants, will be used as an office and restaurant complex. The brick building, which is partly protected as a historic monument, on the promenade of the inner harbor houses two renowned restaurants, "Diebels" inn and "Bolero." The property had been acquired in a foreclosure sale by "Alltours" in 2011. After the acquisition and conversion of the former Alltours headquarters on Schifferstrasse to the new banking headquarters by Volksbank Rhein-Ruhr eG in 2014/2015, the cooperative bank is once again investing in the regional environment and the inner harbor in Duisburg.