25.10.2017

Luther advises Möller Real Estate in the acquisition of a commercial building in Bielefeld

The Bielefeld project developer Möller Real Estate has acquired a commercial building in downtown Bielefeld with around 7,500 m² of rental space. Law firm Luther and tax consultancy Grunert Steuerberatung advised on the transaction. The seller is Catalyst Capital, which acquired the property as part of the "Project 10" portfolio for the in August 2016 established Catalyst European Property Fund II.

Background

The Bielefeld project developer Möller Real Estate has acquired a commercial building in downtown Bielefeld with around 7,500 m² of rental space. Law firm Luther and tax consultancy Grunert Steuerberatung advised on the transaction.

The seller is Catalyst Capital, which acquired the property as part of the "Project 10" portfolio for the in August 2016 established Catalyst European Property Fund II.

About Möller Real Estate

Möller Real Estate is part of the Möller-Gruppe, which has been based in Bielefeld for centuries. As a project developer and portfolio owner, it is primarily active on a regional basis and is currently developing a large industrial estate at the location of the automotive supplier MöllerGroup. The company plans to further expand its real estate investments in the East Westphalia-Lippe area.

For Möller Real Estate

Luther, Real Estate and Real Estate Business Law: <link https: www.luther-lawfirm.com en people adviser ingo-erberich.html external-link-new-window link in neuem>Ingo Erberich (Lead Partner), <link https: www.luther-lawfirm.com en people adviser michael-kunkel-llm.html external-link-new-window link in neuem>Michael Kunkel, LL.M. (Lead Partner), <link https: www.luther-lawfirm.com en people adviser daniel-schillberg.html external-link-new-window link in neuem>Daniel Schillberg, <link https: www.luther-lawfirm.com en people adviser dimitrios-gypas.html external-link-new-window link in neuem>Dimitrios Gypas (all Cologne)

Luther, Environment, Planning, Regulation: <link https: www.luther-lawfirm.com en people adviser dr-stefan-altenschmidt-llm-nottingham.html external-link-new-window link in neuem>Dr. Stefan Altenschmidt, LL.M. (Partner), Philipp-Alexander Schütter (both Dusseldorf)