Aviva Investors, acting on behalf of one of its clients, has acquired the office property Spektrum in Munich’s Landsberger Strasse 302 -312. Built in 2000, the property totals 27,000m² of flexible and high-quality lettable premises. Located in the direct vicinity of the S-Bahn station Laim, it benefits from excellent access to both Munich city centre and airport. The asset is fully let to several prime tenants.
Gregoire Bailly Salins, Head of Transactions Continental Europe, commented: “With a diversified and strong tenant mix, and its location in the excellent office submarket of Laim, we believe Spektrum can offer our clients a secure and stabilised income stream. We are pleased to have been able to complete a further transaction off-market, and particularly as it represents our first acquisition of an office asset in Munich, one of the most established and sought-after core locations in Germany.”