A team led by Dr. Frank Baßler from Heuking Kühn Lüer Wojtek’s Stuttgart office advised MOMENI group on the acquisition of “Galerie Luise,” a gallery that is well known beyond Hanover’s borders. The acquisition was made on behalf of an open-ended special AIF managed by MOMENI group. The seller is a property company managed by Munich-based Accom. The office and retail complex is located in downtown Hanover between the main railway station and the State Opera House. MOMENI group intends to further increase the appeal of Galerie Luise.
The property, opened in 1987, comprises some 15,000 square meters of office and retail space as well as 470 parking spaces in the four-story underground car park. The property combines the exclusive retail location in Luisenstraße with the high-end office sites in Theaterstraße and Joachimstraße.
Established in 2004, MOMENI group is a nationwide investor based in Hamburg. The company specializes in developing and managing high-end real estate in downtown locations of major German cities.
Counsel to MOMENI group
Heuking Kühn Lüer Wojtek:
Dr. Frank Baßler (Lead, Real Estate),
Dr. Andreas Schabenberger (Trademark),
Dr. Nicole Armingeon (Public Law),
Andreas Lutz (Real Estate), all Stuttgart
Fabian G. Gaffron (Tax), Hamburg