DLA Piper has advised the Munich-based investment manager, Catella Real Estate AG, on its acquisition of the mixed-use property “Moosach Center” located in Moosach, Munich, for Catella BAVARIA, the open-end mutual real estate AIF. Completed in 2010, the fully let property located directly by Moosach station has a rentable floor space of approximately 7,100 square metres, and is used as office, hotel and retail space.

The “Catella BAVARIA” open-end mutual real estate AIF focuses on the metropolitan regions of Munich and Nuremberg, and has a targeted equity volume of EUR 250 million. It is reserved for experienced private investors and semi-professional investors looking to invest a minimum amount of EUR 100,000.

The DLA Piper Real Estate team based in Munich advising Catella Real Estate on this acquisition was led by partner Dr Martin Haller, who received advisory support from associates Catharina Voss, Dr Manuel Indlekofer and Markus Kotowski as well as paralegal Astrid Gostic. The team led by Dr Martin Haller has advised Catella Real Estate AG on a number of previous transactions.