Corpus Sireo Projektentwicklung Wohnen has purchased an undeveloped housing site with approx. 3,600 m² situated on Wolfratshauser Strasse. The existing building on the site located in Munich’s Obersendling district is currently let. Tenants will occupy the property until the end of 2015, before the new owner tears down the existing building and develops the site for housing. Approx. 50 – 60 housing units are planned for the private residential development. It was agreed to keep the purchase price confidential. Colliers International München GmbH was contracted by the seller for the bidding sales process as well as by Corpus Sireo for transaction consultancy.