Sky Deutschland GmbH is committed to its long-term commitment to
headquarters in Unterföhring near Munich: The media group has
Existing lease for its headquarters at Medienallee 26 prematurely by ten
years.
The property, which was built in 2010, comprises around 30,000 m² of rental space, which is fully
be used by the media subcontractor. With its location, nestled in
an established media and office cluster in Unterföhring, the Sky
Headquarters to the most influential company locations in the Munich area.
Silverton Group has taken over asset management during the negotiations
and the restructuring for the creditors. In close coordination
with the insolvency administrator Béla Knof from the internationally active
Law firm White & Case LLP has also developed a sustainable strategy for
developed and implemented the office building.
Savills acted as an advisor and broker throughout the renewal process
for the tenant. An upstream market sounding as well as the
alternative locations ultimately led to the decision in favour of the property, which
convinced with its quality and offer structure.
“Especially in special situations, it becomes clear how crucial an integrated
approach of asset management and strategic consulting. The early
securing the tenant through a long-term contract extension is a
essential building block for the stabilisation of the asset and for the sustainable
Value protection in the interest of creditors,” says Michael Gail, Director Real Estate
& Restructuring at Silverton.
“The extension of the lease agreement with Sky Deutschland is a strong signal
for the Unterföhring office location and underlines the quality of the property
as a long-term sustainable company headquarters. With the follow-up agreement
planning security was created at an early stage – for Sky and the location
overall,” says Alexander Meyer, Director and Head of Munich Office at
Savills.
