High office demand significantly increases peak rentals
Commerz Real reports full rental for its hausInvest property Palais at Jakobsplatz in Munich. Over the past seven months alone, 3,300 square metres were leased, of which around 1,100 square metres were leased to the OC&C strategy consultancy. It had moved to the fifth and sixth floors at the beginning of May 2025.
In total, the office and business building at Oberanger 34 - 36 in Munich’s old town offers around 5,000 square metres of rental space. in 2004, Commerz Real acquired the property in 2019 as part of the so-called Millennium portfolio for its hausInvest open-ended real estate fund. In addition to OC&C, the tenants include the fund and asset manager Columbia Threadneedle Investments, the furniture business Sit & Sleep and a pulmonologist.
