The very well-connected property GUSTAV, located in the up-and-coming district of Neuperlach, was built in 1900 and extensively modernized in 2020/21. Redesigned outdoor facilities, green and common areas give the site an inviting campus character. With the flexible building fabric and extensive planned investments in the existing stock, as part of a specially developed ESG concept, we are creating modern and sustainable working environments for the tenants here.
With the purchase, we are adding around 16,000 m² of rental space with high development potential to our Fund Commodus Deutschland Fund II ScSp, RAIF. The dynamic environment with a large number of interesting project developments additionally increases the attractiveness of the urban mixed-use property.