Planned start of construction: 2011

Von der Heyden Group purchased three functional well-maintained office buildings and a warehouse building in the top strategic location in Munich, on the border to Bogenhausen and Steinhausen, at the beginning of the highway A94, providing access to the Munich Fair. The rented space of office buildings is well over 80% and rented space of the warehouse is 90%. The investment's total net usable floor space is approximately 20,500 sqm, including office floor space of approximately 13,000 sq m, warehouse floor space of approximately 6,500 and parking space for nearly 180 vehicles.

The three pieces of real estate were purchased in Spring 2007 from two communities of heirs and the Süddeutscher Verlag GmbH (the publisher of Süddeutsche Zeitung daily).
 

The acquired 3 plots are not only attractive as a result of merging them, but there is also a significant location-related potential and prospects of enhancement in value as a result of present developments and the presence of a number of renowned companies which have already settled in the direct neighborhood.

At the end of February 2009, the company in close co-operation with the City of Munich has completed an architects' competition for the future of this prominent site. More than 12 international architects have contributed greatly with their ideas.
 

Von der Heyden Group's partner in this project for the purpose of project implementation and asset management is Bayerprojekt GmbH,a Munich-based real estate company with more than 20 years of operation experience.