As part of an individual mandate, Commerz Real has acquired an ensemble of office and commercial buildings at Maximilianstrasse 12-14 and Falkenturmstrasse 5-7 in Munich’s city centre for a private investor. Seller is a subsidiary of the project developer Centrum. Non-disclosure was agreed on the purchase price.
News ReleasesCommerz Real acquires office and business ensemble in Maximilianstraße, Munich
Time to read4 min.
updated at04/23/2024
CategoryNews Releases
The current market situation and the rapid actions of all parties involved have enabled us to acquire a rare gem of the Munich real estate market for our client.
Kerstin Struckmann
Global Head of Product Management Institutional Clients
The complex, with a plot of almost 1,600 square metres and a rental space of around 6,100 square metres, was built in 1867 and is listed. Well-known brands such as Louis Vuitton (Hublot and Fendi), Montblanc or Swatch (Blancpain) are located on the ground floor and on the first floor of the buildings on Maximilianstrasse. Offices are located on the other upper floors. The building on the back of Falkenturmstraße houses a hotel and two residential units. Marienplatz, the Bavarian State Opera and the Kempinski Hotel “Vier Jahreszeiten” are located in the immediate vicinity.
About Commerz Real
Under the umbrella of Commerz Real AG, Commerzbank consolidates its asset management subsidiaries on a single platform: the investment managers Commerz Real, Yellowfin Asset Management, and Aquila Capital, as well as the financing boutique Commerz Leasing. Approximately ~1.000 employees at international locations manage assets totaling more than 55 billion billion euros. The platform offers retail investors, corporate clients, and professional and semi-professional investors access to liquid investments, real assets, and financing solutions—ranging from thematic and multi-asset strategies to customized mandates. Through its distribution company, Commerz Real Capital, it also provides access to Commerzbank Asset Management’s solutions.
Media contact
Commerz Real and real estate
Gerd Johannsen
+49 151 11761717gerd.johannsen@commerzreal.com