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Contact Solas Financial Lo Call: 1890 252 401 Tel: 353 21 4875300. Fax: 353 21 4875254 |
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German Commercial Investment:
Munich Property Fund
Investment Description
The Munich Property fund consists of 3 mixed-use commercial properties in Munich, Germany. The 6,387 sqm portfolio investment offers investors the opportunity to diversify risk across both retail & office sectors in the appealing German commercial market.
Location:
The selected commercial properties are very well located with 2 of the properties located in an upmarket residential district 13km south of the city centre and the other close to the city centre.
Munich is very well developed from a transportation point of view and includes a subway, local trains, bus service and 8 motorways. From an international perspective its airport is one of the busiest in Europe accommodating in excess of 30 million passengers annually while its is also served by a high speed train network that connects with leading German & European cities.

Local Economy: Munich is capital of the renowned Bavarian region and is Germany’s 3rd largest city. The city itself has a population of 1.3m with a population of 2.6m in the greater metropolitan region.
The Bavarian region is one of Europe’s leading economic regions and Munich is characterised by a wealthy population with the highest purchasing power in Germany and the No.1 location for future economic prospects.

Financial Overview:
• Total Acquisition Price: €30.66 million (inclusive of all costs)
• Client Equity: €10.50 million
• Bank Borrowings: €20.15 million
• Gross Yield: 5.75% Net Yield: 5.08%
Tenants:
The main anchor tenants of the 3 properties include Deutsche Post (leading Germanv postal service – 70 million letters delivered each day), Allianz (one of the world’s leading insurers – 177,000 employees worldwide), Comax Consulting (business consultants) & Hypovereinsbank (2nd largest German bank).
Property Breakdown:
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Fully–let mixed use 4-storey property comprising of 2,626 sqm in letting space, 42 underground car parking spaces & 28 outdoor parking spaces
Existing anchor tenants are Deutsche Post AG, HypoVereinsbank & AAA Capital Holding
Various lease terms of between 1-7 years |
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Built in 2000 this property provides 1,402 sqm of retail and office space in one of Munich’s most affluent residential areas.
Existing anchor tenants are Comax Consulting
Existing lease terms of between 3-10 years |
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- Modern 2,357 sqm property completed in 2004/05 situated in one of downtown Munich’s most prominent retail & office districts. Easy access to Munich’s two main ring roads
- Existing anchor tenants are Allianz Group, the global insurance blue chip insurance company
- Existing lease terms of between 3-8 years
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Germany has the 3rd largest economy in the world behind the USA & Japan. Despite struggling in recent years the country’s economic base remains very strong as the economy continues to turn boosted by steady GDP growth and falling unemployment.
Key Investment Features:
• Mixed-use properties offers intelligent investment diversification • Strong blue chip anchor tenants • Munich has strong economic background and a wealthy population • Competitive financing rates and strong yields makes this this investment very attractive to highly leverarged funding • Tax efficient investment structure
Information Memorandum:
To receive a detailed Information Memorandum on the investment opportunity please complete the following form and we will email you further details.
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