WealthCap acquired two properties in Munich: Campus M with a GLA of approx. 21,000 m² and a commercial property developed with BMW-Form & Design Studio, with a GLA of approx. 8,200 m². The investment volume of the two properties amounted to around €74 million.
‘The two modern office buildings with attractive tenants are located in the prime location for commercial property in Europe: the two fit perfectly in our strategy. The combination of prime location, high quality and long-term property lease are the key criteria for our investors. All our properties in Munich meet these requirements", said Gabriele Volz, Sales Director, Marketing and Product Management.
Campus M and the commercial property development with BMW-Form and Design-Studio are already the third and the fourth acquisitions of office properties in Munich by WealthCap within 10 months. These expand the company’s portfolio next to the Ten Towers and the KPMG building. "No other city has such a diversified economic structure. Many industries and types of companies are headquartered in Munich In the commercial real estate market in Munich occupies the top spot", said Volz.
Source:WealthCap
