January 07, 2013

Gornitzky represents Profimex in their USD 29 million acquisition of property wholly leased to DSW.

Gornitzky & Co. represented Profimex Ltd. in their USD 29 million acquisition of real estate in Columbus, Ohio, wholly leased to DSW (NYSE: DSW) – a leading branded footwear retailer in the United States. The property has been leased through a long-term contract with built-in rent increases and is subleased to the State of Ohio Department of Taxation.

Profimex Ltd. is a global real estate and renewable energy investment firm that serves as a premier provider of global real estate investment opportunities for High Net Worth Individuals and institutional investors, and organizes joint investment schemes with foreign investors in each local jurisdiction.

Profimex Ltd. is represented by Daniel Paserman (Partner), Dr. Zvi Gabbay (Partner), Yisrael Spero (Partner) and Guy Avner.

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