19 October 2017 - Munich
Pembroke Real Estate secures Private Equity tenant at Munich's Alter Hof, Lorenzistock
Pembroke Real Estate today announced the successful signing of a private equity group at Munich’s prime city centre heritage property, Alter Hof, Lorenzistock.
The new tenants have agreed to take 1,800 sq m on a ten-year lease of limited remaining office space at the 8,000 sq m mixed-use property in the heart of Munich’s CBD. Balancing a blend of heritage features with contemporary architecture and design, the ideally-situated property is particularly well connected for dynamic, forward-looking businesses.
Nick Moldon, Vice President, Head of UK and Germany, at Pembroke Real Estate, commented:
Alter Hof, Lorenzistock’s central address and corner position make it a unique and desirable workplace environment with light-filled and attractive floorplates optimal for activated workspaces. We are delighted this private equity firm saw Alter Hof, Lorenzistock as the ideal home for their business, and look forward to welcoming them to the property.
Alter Hof provides unrivalled views over the historic Marienhof Square towards the Frauenkirche – one of Munich’s most famous landmarks – and adjacent to the famous Restaurant Dallmayr.
The property’s prime city location close to Marienplatz square is well served by the S-Bahn and U-Bahn transport lines only a short 200 metres away, and in close proximity to restaurants, culture and historical facilities, and the exclusive shopping and business address, Maximilianstraße.
CBRE represented Pembroke Real Estate in this transaction and acted as exclusive broker for the tenant.
Limited 1,500 sq m and 500 sq m of high quality, modern office space remain at the property. Please contact Ilka Hoffman, CBRE, at email@example.com for more information.