The site at Kreillerstrasse 210 in Munich has been acquired by KINGSTONE Real Estate and the vendor is a Luxembourgish investment firm.
The building is currently let and features 4,204sq m of space and an underground car park and ground-level parking spaces. Tenants include companies from the retail, fitness and office sectors The building is known for its high-quality fabric, modern fit-out and flexible floor layouts..
Dr. Tim Schomberg, Managing Partner of KINGSTONE Real Estate, said: “Resilience is more important than ever in the current market phase. The heterogeneous tenant structure of the property and its outstanding location ensure diversified cash flows for our investors. Altogether, we have secured an attractive investment for the fund.”
