»»Landmark office property receives best possible WiredScore Platinum certification for digital infrastructure

(Munich, December 2020) Europa Capital, the pan-European real estate investment manager, together with joint venture partner Bayern Projekt and on behalf of its value-add fund Europa Fund V, can announce another leasing success for Olympia Business Center (OBC). DAIWA, a Japanese premium manufacturer of fishing equipment, is relocating its German headquarters from Gröbenzell to Georg-Brauchle-Ring in Munich and will now move into its new German headquarters in the OBC on a total of around 1,500 sqm. DAIWA has signed a long-term lease agreement for 10 years. The leasing success brings the total occupancy rate of the approx. 38,000 sqm landmark office project to 50%, having previously attracted Stadtwerke München (approx. 10,000 sqm) and the Bavarian State Criminal Police Office (approx. 5,300 sqm) as long-term tenants. In addition, OBC recently received the prestigious, international WiredScore Platinum certification for its digital infrastructure and connectivity. Over the past three years, joint venture partners Europa Capital and Bayern Projekt have comprehensively and extensively revitalized the Olympia Business Center in order to optimize and further develop the quality and attractiveness of the indoor and outdoor spaces in a forward-looking manner.

The revitalization of the common areas on the first floor has already been completed, including the recently opened "market hall" for employees, which offers space for co-eating and co-working. The employee restaurant will be operated by V&K Tailor Made Catering (TMC), which signed a 10-year lease for its first restaurant in Munich in February 2020. TMC is a joint venture between the internationally renowned Vermaat Group and the well-known Käfer Group. The remainder of the revitalization work is expected to be completed in early 2021.

James Pennington, director at Europa Capital, said, "The long-term lease to global brand DAIWA is not only a testament to the attractiveness of the OBC as a place to work, but also a great vote of confidence in the future of the office sector. We believe that the office will continue to play an important role for businesses in collaboration and in the context of productivity. The OBC is well positioned to meet the dynamic, modern demands for well-located, flexible workplace solutions with excellent digital connectivity, as confirmed by its WiredScore certification."

Sven Renz, Managing Partner of Bayern Projekt, said, "We are delighted to welcome a global company like DAIWA to OBC, one of the top addresses in Munich. The core idea behind the revitalization of the Olympia Business Center is to offer tomorrow's working environments today. That is why we have placed a focus on the digital infrastructure from the very beginning. We are all the more pleased that the building has been awarded WiredScore Platinum certification, making it one of the best in its class."

About Bayern Projekt
Bayern Projekt Group, based in Munich, has been involved in the professional investment, development and management of selected real estate assets for over 20 years. In this time investments with a volume of over 1 billion euro were developed, accompanied and completed. Most recently, Bayern Projekt Group developed the Bavaria Towers high-rise ensemble with a total investment volume of over 500 million euros. www.bayernprojekt.de

About Europa Capital
Europa Capital is an experienced real estate fund manager focused on Europe. Europa Capital specializes in investing through both equity and debt strategies, leveraging their real estate asset management skills and experience to create the best possible value across all property classes and in all European markets. Since 1995, Europa Capital's management team has launched a total of 13 real estate funds and completed over 140 transactions totaling over €11.9 billion in 21 countries. Europa Capital focuses on delivering attractive, risk-adjusted returns to a global spectrum of investors, based on key real estate strategies such as value-add, core/core plus and debt investment. Europa Capital is majority owned by Mitsubishi Estate Co. Ltd, one of the world's largest real estate groups, which is a strategic investor alongside its own management. Europa Capital Partners LLP and Europa Capital LLP are authorized and regulated by the Financial Conduct Authority.

For more information, please visit www.europacapital.com.