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Transaction··1 min read

DLA Piper advises Metro Properties on sales in Bischofsheim and Pforzheim

Metro Properties has sold two commercial properties in Bischofsheim and Pforzheim in separate transactions, advised by DLA Piper.

AI generatedDLA Piper advises Metro Properties on sales in Bischofsheim and Pforzheim – AI-generated illustrative image
DLA Piper advises Metro Properties on sales in Bischofsheim and Pforzheim. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Metro Properties, the real estate company of METRO AG, has sold two commercial properties in separate transactions. The assets comprise a retail park in Bischofsheim, Hesse, and an educational and local convenience centre in Pforzheim, Baden-Württemberg. Law firm DLA Piper provided legal advice to the seller on both disposals.

Retail park in Bischofsheim sold to Lugman Capital

In Bischofsheim, Metro Properties sold an established retail park to Lugman Capital GmbH. The transaction closed in the third quarter of 2026. The site covers a plot of around 40,000 square metres with a lettable area of approximately 18,000 square metres.

The property benefits from its location directly on the A60 motorway, roughly 15 minutes from Frankfurt Airport. The tenant roster consists of several retail chain operators:

  • —MediaMarkt
  • —KFC
  • —Roller
  • —Jet

Fully let educational and local convenience centre in Pforzheim

The second disposal concerns an educational and local convenience centre at Haidachstraße 4-6 in Pforzheim. The purchaser of this asset is a regional family office. The fully let building has a lettable area of around 8,300 square metres.

The space configuration in Pforzheim is characterised by mixed use. The City of Pforzheim uses parts of the property for educational purposes. Local convenience provision is anchored by the two other tenants, Netto and Action.

The core advisory real estate team at commercial law firm DLA Piper was led by Counsel Philip Heinzel-Flothmann. The team also included Partner Dr. Gerold Jaeger and Associate Dr. Christian Kleindopff in Düsseldorf, as well as Senior Transaction Specialist Sabrina Becker in Frankfurt.

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