GARBE Institutional Capital has acquired the technology property "Maander" from the investor and real estate developer asto Group. Maander is located in an established innovation cluster between Oberpfaffenhofen and Gilching near Munich. The new building is being developed primarily for tenants from the research and development sector (R&D).
Maander comprises approximately 18,100m² of gross floor area (GFA) and 245 car parking spaces with 100 charging points for electric vehicles. The building in Zeppelinstrasse is already 84% let and completion is scheduled for the end of 2022. Tenants include several renowned technology companies from the aerospace industry. These include ABB, Quantum-Systems and Vectoflow. The asto Group itself will also set up its headquarters in Maander.
In its developments, the asto Group focuses on sustainable energy supply. Currently, it is preparing to enter the field of geothermal energy supply, together with industrial partners. Clean energy from a nearby borehole with a capacity of 14 megawatts is expected to cut annual CO2 emissions by 30,000 tons per year.
Ekkehart Fabian, Managing Director of the asto Group, said: "’asto Mäander’ offers ideal conditions for technology-savvy companies and future-oriented jobs. Tenants benefit from highly flexible layouts, attractive working environments and the proximity to our technology and aerospace cluster. The early sale of the property to a renowned investor emphasises the attractiveness of its concept. As part of a long-term partnership with GARBE Institutional Capital, we will continue to manage the building after completion."
Thomas Kallenbrunnen, Managing Director of GARBE Institutional Capital, commented: “With Maander, our investors benefit from the strongly growing research & development sector. The building is particularly compelling due to its location in an innovation cluster.”