Insurance Group Acquires High-Rise Office Building “Central Tower”

A property company which is held by companies affiliated with the groups FREO and Rockpoint sold fully let Central Tower which is located directly at Donnersbergerbrücke. The landmark consists of the 23-story cylindrical Tower and the 4-story Plaza and comprises a total area of round 23,000 sq. m. Including the antennas its height is 115 m which makes it one of Munich’s highest buildings. The multi-tenant building was completed in 2003 and modernized in 2011. Main tenants are amongst others DAK-Gesundheit and the IT companies Scoreloop AG, Volt Delta and Acronis Germany. On the ground floor is a supermarket. The new owner is a company of Talanx Group and was represented by Talanx Immobilien Management GmbH. The purchase price remains confidential.

Colliers International München GmbH acted as advisor throughout the sales process.

 

Key Facts:

Location: 80339 Munich

Address: Landsbergerstr. 110-114

Broker: Colliers International München GmbH

Type of use: Office, retail

Seller: Property Company affiliated with the groups
FREO and Rockpoint

Buyer: Company of Talanx Group, represented by Talanx
Immobilien Management GmbH

Area: approx. 23,000 sq. m

Munich
Dachauer Straße 63 D-80335 München | Tel: +49 89 624294-0