CBRE Global Investors’ Acquisition of Pontishaus Office Building in Munich

Hengeler Mueller advised Blackstone.

CBRE Global Investors, on behalf of one of its pan-European funds, has acquired the Pontishaus office building in central Munich.

The property, located in close proximity to Munich’s CBD and main railway and central bus stations, offers around 18,000 sqm of GLA and is fully let to a diversified tenant base.

This prime asset is arranged over basement, lower ground, five upper floors and a penthouse floor. There is a courtyard and underground parking with 159 parking spaces.

The property was part of the OfficeFirst portfolio which Blackstone acquired from IVG.

CBRE Global Investors is a leading investor in offices, with a total AUM of €8.3 billion* in EMEA This comprises a total of 990,000 sq m across 13 countries, including the United Kingdom, the Netherlands, Germany, Spain, Poland, Italy and France. The office sector platform executes a wide range of investment strategies from core to value add across the region.

Hengeler Mueller team included Thomas Müller (Picture), Jan Bonhage, Nicholas Kubesch and Charlotte Riemann.

Involved fees earner: Jan Bonhage – Hengeler Mueller; Nicholas Kubesch – Hengeler Mueller; Thomas Müller – Hengeler Mueller; Charlotte Riemann – Hengeler Mueller;

Law Firms: Hengeler Mueller;

Clients: Cbre Global Investors;