The pension fund for doctors in the German state of Hessen has acquired an office and retail property in Munich from developer Momeni Group for around €42 mln.
The pension fund for doctors in the German state of Hessen has acquired an office and retail property in Munich from developer Momeni Group for around €42 mln.
The Leos building is located on Munich’s Leopoldstraße and comprises around 5,000 m2. Tenants include the Excellent Business Center, Engineering Consultants Group (ECG), pharmacy chain dm-drogerie markt and shoe retailer Tamaris.
Colliers advised the buyer, Versorgungswerk der Landesärztekammer Hessen, while BNP Paribas Real Estate and JLL acted for the vendor.
