LaSalle’s acquisition of the commercial property “Kleiner Galluspark”

Luther supports LaSalle with its acquisition of the commercial property “Kleiner Galluspark” in Frankfurt am Main

LaSalle Investment Management Kapitalanlagegesellschaft mbH finalized the acquisition of the commercial property “Kleiner Galluspark” in Frankfurt from AXA Investment Managers Deutschland GmbH.

The real estate legal team, headed by Katharina von Hermanni, has supported LaSalle multiple times in the past. Encore+, a pan-European open Core+ real estate fund, is acquiring the property. Encore+ is managed by Aviva Investors as the fund manager and La Salle Investment Management as the transactions and assets manager. The seven-storey office building, which is almost fully let, and has a total rental area of approx. 18,700 m², is located in the up-and-coming district of Gallus, which forms the western section of the urban centre of Frankfurt. With this acquisition, LaSalle is becoming part of the dynamic developments in the Frankfurt market.

Luther advised LaSalle with Katharina von Hermanni (Picture), Andreas Eichler (Counsel) and Irene Nezer-Kasch (Real Estate)

WTS Steuerberatungsgesellschaft mbH advised LaSalle with Eric Bongers (Tax)

Walch Rittberg Nagel Rechtsanwälte Partnerschaft mbB advised AXA with Dirk Große Klußmann.

Involved fees earner: Dirk Große Klußmann – Walch Rittberg Nagel Rechtsanwälte; Eric Bongers – WTS Alliance; Katharina von Hermanni – Luther Rechtsanwaltsgesellschaft mbH; Andreas Eichler – Luther Rechtsanwaltsgesellschaft mbH; Irene Nezer-Kasch – Luther Rechtsanwaltsgesellschaft mbH;

Law Firms: Walch Rittberg Nagel Rechtsanwälte; WTS Alliance; Luther Rechtsanwaltsgesellschaft mbH;

Clients: Axa; LaSalle Investment Management;

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