Catella Investment Management GmbH and Catella Real Estate AG have signed a long-term lease agreement with Spire Global for approximately 1,200 square meters of office and light industrial space in the CUBE complex in Taufkirchen, near Munich. The space will support Spire Global’s expansion into Germany, providing facilities for offices, development, assembly, and product testing. Spire Global, an aerospace company with operations in the US, Canada, Luxembourg, and the UK, is establishing its German branch in the CUBE property. The company operates a large network of multi-purpose satellites and will use the leased space as part of its European growth strategy. CUBE was acquired by Catella in 2014 for the special real estate fund “Immo-Spezial – Wirtschaftsregion Süddeutschland.” Originally built in 1973 and expanded in 1989, the complex includes two buildings with a total of 16,500 square meters of office and commercial space. Catella, in partnership with turn Real Estate GmbH, is repositioning the property to accommodate a wider range of uses, including medical offices, commercial housing, production, gastronomy, and educational facilities. Planned upgrades also include improved accessibility and additional shared spaces. Michael Keune, Managing Director of Catella Investment Management, noted that the leasing agreement reflects the success of the repositioning strategy, which aims to update existing buildings without demolition. The project demonstrates how legacy assets can be adapted for modern business needs. Spire Global CTO Gabiel Oehme stated that the new space provides the flexibility the company needs as it builds a long-term presence in the region, citing the local talent pool and proximity to other innovative companies in the aerospace sector. Located on the southern edge of Munich, the CUBE complex benefits from access to the Taufkirchen S-Bahn station and nearby motorway connections, offering convenient transportation links to Munich’s city center and airport. Legal and advisory support for the lease was provided by DLA Piper, while IGENUS Immobilien GmbH & Co. KG acted as the leasing broker.