ABG Real Estate, HanseMerkur and institutional investors acquire QUBES office complex in Munich
Bitget2026/10/27 09:15- ABG Real Estate Group and HanseMerkur Grundvermögen announced QUBES’ acquisition with German institutional investors on October 26, 2026.
- The Munich office complex was completed in 2023 and offers approximately 25,000 square meters of leasable space.
- QUBES is fully leased to municipal IT services provider IT@M, with a weighted average remaining lease term of 30 years.
- The purchase price remains confidential; the seller was a project company in self-administered insolvency proceedings.
- BayernLB provided financing for the acquisition; the property holds DGNB Gold and LEED Gold sustainability certifications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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