Development Partner sells retail property in Munich to Family Office

Development Partner sells retail property in Munich to Family Office

Published at: 2018-02-09 10:23 | Author: CIJ Europe
Düsseldorf-based Development Partner has sold a retail property in Munich-Schwabing to Family Office. The purchase price was not disclosed. Located at Leopoldstrasse 37, the property is almost fully leased. Family Office recently bought another nearby building on Hohenzollernstrasse that was also developed by Development Partner. Both buildings were designed by Meili Peter Architekten. The properties offer 8,100 sqm of mixed-use space. Tenants include a pilates studio, a dentist office and Penny.

Similar Stories:

Warburg- HIH Invest secures new commercial building in Bonn
Warburg-HIH Invest acquired a fully-occupied 1,908 sqm commercial building in the city of  »
Multi Poland to manage 3 Stawy shopping center in Katowice
Union Investment has appointed Multi Poland manager of its 3 Stawy shopping center in Kato  »
Penny Market to expand Romanian network in 2019
Penny Market is planning to open between 20 to 25 new stores across Romania this year. The  »
Czech investors could push for Metro AG management change
The upcoming shareholders meeting for German retail giant Metro AG is shaping up to be a l  »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »
How has ParkLake performed over the last two years? ParkLake has performed increasingly p   »