Düsseldorf Property definition

Düsseldorf Property means the property located at the address municipally known as Bismarckstraße 101, Düsseldorf, Germany;
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Düsseldorf Property means the commercial office property, containing eight units, located in Düsseldorf, Germany, which the REIT sold to an arm’s length party on January 31, 2020 for gross proceeds of approximately
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Examples of Düsseldorf Property in a sentence

  • The Düsseldorf Property was originally acquired from an arm’s length party for an aggregate purchase price of €11 million, subject to certain post-closing adjustments and excluding transaction costs.

  • The methodology used by the Guideline Development Group for development of the National Clinical Guideline and details of the consultation process is outlined in Section 1.7 and Appendix 5 of the full version National Clinical Guideline.

  • Using proceeds from the sale, the REIT repaid the existing mortgage on the Düsseldorf Property, which was approximately €6.9 million, and paid €0.3 million to liquidate the interest swap in place on it.

  • The sale price of the Düsseldorf Property was satisfied with cash by the purchaser.

  • The REIT disposed of the Düsseldorf Property on January 31, 2020.

  • Maple Knoll received a disposition fee of approximately 1.0% of the total gross proceeds in connection with the sale of the Düsseldorf Property, which amounts to approximately €0.2 million pursuant to the Amended Maple Knoll Management Agreement.

  • Disposition of the Düsseldorf Property As part of the REIT’s strategic change in focus from commercial to European multi-residential European property assets, the REIT entered into a binding agreement on November 28, 2019 for the disposition of the Düsseldorf Property to an arm’s length purchaser for a price of approximately €16.9 million.

  • THE COMMERCIAL PROPERTIES Overview As at December 31, 2019, the REIT owned two commercial office properties in Germany (the Landshut Property and the Düsseldorf Property), one commercial office property in Brussels (the Brussels Property), and one mixed residential and retail property in the Netherlands (the December 2019 Acquisition Property).

Related to Düsseldorf Property

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

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  • Public Property means any and all property owned by the City or held in the name of the City by any of the departments, commissions or agencies within the City government.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • Residential property means improved property that:-

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • New property means (i) the assessed value, after final

  • Federal property means any build- ing, land, or other real property owned, leased, or occupied by any department, agency or instrumentality of the United States (including the Depart- ment of Defense and the U.S. Postal Service), or any other instrumentality wholly owned by the United States, or by any department or agency of the District of Columbia or any territory or possession of the United States.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Leased Real Property has the meaning set forth in Section 3.18(b).