Hines unveils plans for sustainable mixed-use concept in Munich (DE)

Hines unveils plans for interim use concept ‘shaere’ at ‘aer’ in Munich (DE)

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 87,000m². 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 recieve 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. On this second plot of land, reorganization is planned, including the creation of affordable housing units.


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.


Christian Meister, managing director at Hines in Germany, said: “We are very pleased that we were able to create a collaborative and meaningful project with the interim use concept 'shaere'. With the Community Kitchen, we are now offering citizens a first real added value in their neighbourhood. It becomes a place of encounter and participation and at the same time addresses the important issue of food waste in a responsible way. This type of project is a blueprint for the future of ‘aer’ characterized by sustainability, creativity, inspiration and productivity.”


Gunes Seyfarth, initiator of the Community Kitchen, commented: “Each year, 18 million tons of edible food ends up in the trash in Germany alone. With the Community Kitchen, we want to put an end to this and at the same time fulfill the third most effective measure in global climate protection. We are happy to start in September in the 'aer', where we have found the ideal premises for our project.”

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