Union Investment offloads an office property based in Munich
Union Investment offloads an office property based in Munich
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Union Investment offloads an office property based in Munich

The property has a rental area of around 23,700sqm and 325 parking spaces
Eirini Theofanidou
17.11.2021

Union Investment has sold an office building at Landsberger Straße 368-374 in Munich for around €100 million.

The property, which was completed in 2003, has a rental area of around 23,700sqm and 325 parking spaces and is currently fully let.

The buyer is a subsidiary of APL Europe GmbH, a private company that invests in real estate, renewable energies and private equity transactions – since 2019 also in Germany. The company has offices in Munich, Berlin and Luxembourg.