Development and Asset Management

- Project Development
- Asset Management
- Total office space: approx. 77,000 m²
- Total investment volume: > EUR 500 million

Based on our vision for a high-rise project, Bayern Projekt secured the first plots of land at the prominent urban location in the east of Munich back in 2004. As developer and joint venture partner, Bayern Projekt implemented the development of the Munich landmark project together with its partners, from acquisition to successful sale. After acquisition in early 2007, a new, higher-quality building right for a high-rise ensemble with approx. 77,000 m² GFA was created via a top-class, international architectural competition and planning was commissioned to achieve planning permission. In 2015, realisation began with the demolition of the old existing buildings. The completion of the four towers took place from 2019 to 2020. In 2021, the sale and handover to the various new institutional owners took place.

Investment

- Project development
- Asset Management
- Total investment volume > EUR 10 m

Following acquisition of the property portfolio in 2008 a new planning permission was created for a modern office and commercial project with 5.000 m² GFA corresponding to the market position. The project was fully rented prior to construction start and sold to a private investor following realisation and handover to the tenants in 2013.