Sonar Real Estate lets 2,450 sqm of office space in ‘Upper Sendling’, Munich

by   CIJ News iDesk III
2022-05-17   08:39
/uploads/posts/ac3c4912a06298f80e73e37d71d45f8dd60f1a6c/images/1055817033.jpg

Sonar Real Estate, in its function as asset manager of the SIS Stuttgart real estate special fund, has concluded a long-term letting of around 2,450 square metres in the "Upper Sendling" office building in Munich. The new occupier is a health insurance company.

The property, which was built in 2001, is situated at Aidenbachstrasse 54-56 in the south of Munich, the Bavarian capital. The latest letting brings the occupancy rate up to 96%. Knight Frank acted as brokerage consultant.

Holger Hosang, Managing Director of Sonar Real Estate, comments: "The Sendling submarket continues to increase in importance. By attracting a statutory health insurance company, we are contributing to the enhancement of the attractiveness of the district. The customer centre and its services that are planned here will further improve the quality of life of the local residents. This is consistent with our integrated ESG strategy, which of course includes taking into account the social impact of our actions."

‘Upper Sendling’ stands on an around 4,400 square metre site and provides a total lettable area of around 10,850 square metres. The property has a two-level underground car park with 153 spaces. It benefits from good public transport connections via a stop on U-Bahn Line 3, directly in front of the building. There is easy access to the A95 motorway via the adjoining Boschetsrieder Strasse.