The Base has signed a 20-year lease for a commercial co-living building on Landsberger Straße in Munich. The building comprises 204 apartments across a gross floor area of around 6,800 square metres and is due to open in 2029. It is The Base’s second location in Munich.
“Many people who are new to Munich find themselves on their own at first. The Base is our response to this urban isolation, and Landsberger Straße is exactly the right location for it. Through BelForm’s structured matching process, we were able to give the owner the certainty he needed for such a long-term partnership,” says Florian Färber, founder and CEO of The Base.
The property belongs to a successful Munich-based entrepreneur with his own family office. On behalf of the owner, BelForm and companies within the Oeckl Group supported the search for an operator for the 204-apartment block through a structured selection process. This was based on an apartment block concept that brings together the location, target audience and target rent. This enabled the operators to submit their proposals on a common basis.
