Hines has unveiled its plans to deliver a culinary, cultural and sustainable interim use concept for ‘aer’ in Munich’s Neuperlach district, named ‘shaere’.
The ‘aer’ comprises two office buildings at Fritz-Schaffer-Street 9 with a total area of 87,000sq m. The space was previously occupied by Allianz and was vacated at the end of 2020. Following the acquisition of the office property in February 2020 by the Hines European Value Fund 2 (HEVF2), Hines has initiated a far-reaching transformation process of the site.
A sustainable and innovative working and living environment is to be created. The existing building in the western part of the site will be completely renovated and redesigned. The plan included a multi-tenant office building with a sustainable energy concept. The property will aim to receive a DGNB rating. In combination with the plans for the existing building to the east, campus is also to be created with attractive outdoor areas that are accessible to everyone.
With ‘shaere’, the real estate firm is creating a social and cultural meeting place for citizens not only in Neuperlach, but throughout Munich. The first project is now in the starting blocks. The “Community Kitchen,” spearheaded by local entrepreneur Günes Seyfarth is set to launch in September 2021 and will be based in the ‘aer’ for at least 12 months. The initiative will focus on the sustainable use of food by stemming from edible food waste.
