Freo Group’s Acquisition of Munich Office Development Project Koryfeum With Cain International Close

GSK Stockmann advised Freo Group on the deal.

Cain International’s European Real Estate Opportunity Fund I has agreed to acquire a 50 per cent stake in Koryfeum, an 80,400 sq m office development in Munich, representing Cain’s debut transaction in the German market, in joint venture with FREO Group.

As part of an emerging technology and service centre north of Munich, Freo Group together with Cain International is developing Koryfeum, a large-scale, innovative and sustainable office campus in Unterschleißheim. It is located in close proximity to the A92 motorway and the S1 suburban railway line connecting Munich city centre with the airport. The project development comprises six buildings with a total area of around 80,000 m² of flexible rental space.

Established in 1996, FREO Group is an independent international investor, developer and manager of high quality real estate.

The GSK Stockmann team included Philipp Mössner (Picture – Corporate, Finance, Lead); Alma Franke (Finance, Lead); Associates: Anna Lindner (Corporate, Finance), Mechtild-Maria Siebke (Finance), Andrea Carraretto (Corporate), Marie Bogutzki (Finance).

Involved fees earner: Marie Bogutzki – Gsk Stockmann; Andrea Carraretto – Gsk Stockmann; Alma Franke – Gsk Stockmann; Anna Lindner – Gsk Stockmann; Philipp Mössner – Gsk Stockmann; Mechtild-Maria Siebke – Gsk Stockmann;

Law Firms: Gsk Stockmann;

Clients: Freo Group;

Federica Tiefenthaler

Author: Federica Tiefenthaler