International real estate business Pembroke is delighted to announce it has completed a 794sq m space letting on a 10-year term to global luxury fashion brand Gucci at Maximilianhöfe.
Gucci’s new home at Maximilianhöfe, is situated across two floors and carries a wide selection of the brand’s iconic product range which comprises men’s and women’s ready-to-wear, handbags, luggage, small leather goods, shoes, jewellery and watches.
The new boutique store features a façade that keeps the existing building’s heritage look, whilst the interior is framed with built-in displays reminiscent of walk-in closets, alongside Gucci-branded velvet armchairs and leather sofas that make guests feel at home. The store also includes a series of eco-friendly initiatives and energy-efficient technologies, including LEED lighting throughout, to align with Gucci’s global sustainability commitments.
Christian Bosiljanoff, Director of Asset Management, Germany at Pembroke, comments: “We are proud to welcome Gucci to Maximilianhöfe as we continue to enhance the offer on Munich’s luxury retail street. Since acquiring the asset over 10 years ago, we have developed a strong mix of well-performing retail spaces which are occupied by leading brands and businesses as we implemented our strategy of investing in high-quality assets in the right locations which attract the best occupiers.”
