Union Investment has signed two leases on the Neue Balan campus, Building 27. Bonago Incentive Marketing Group GmbH has now secured 1,543 m² of modern and flexible working environments in an attractive location in Munich for ten years. Bittner & Krull Softwaresysteme GmbH has leased around 850 m² of office space for ten years and will move in in August of this year. This means that House 27 is almost fully let at 98 percent. It has been part of the portfolio of the open-ended real estate fund UniImmo: Deutschland since 2021.
“This leasing success shows that modern and flexible office space with good sustainability parameters remains in demand even in a challenging market environment. We are already in talks with several interested parties for the remaining area of around 540 m²,” says Sven Lintl, Head of Asset Management Germany at Union Investment. Haus 27 has the DGNB Gold, LEED Gold and WiredScore Gold sustainability certificates.
The Neue Balan campus is located on the well-connected site of the former Infineon headquarters on Balanstraße and, together with the adjacent Werksviertel, forms a well-mixed, sought-after office cluster in the east of Munich. With its diverse event and recreation areas, restaurants, supermarket, Montessori school and a fitness studio including swimming pool and outdoor pool, the campus offers a very special work-life balance concept with a maximum of flexibility.
Colliers and E&G Munich acted as intermediaries.
