Hengeler Mueller advises LBBW and Accumulata on Sale of Palais an der Oper
17. October 2012
LBBW Immobilien Management GmbH, Stuttgart, and Accumulata Immobilien Development GmbH, München, have sold the Palais an der Oper in Munich to a group of private investors. The Palais an der Oper, which is currently being developed on a site of approximately 4,600 square metres, will comprise retail units, offices, restaurants, doctors’ practices and apartments on approximately 32,000 square metres of gross floor area after completion.
The Hengeler Mueller team is led by partners Georg Frowein and Thomas Müller (both M&A/Real Estate) and includes partner Martin Klein (Tax) as well as associates Lucina Berger, Antje Hagena, Christoph Allmendinger (all Frankfurt).