REInvest Asset Management S.A., the Luxembourg-based real estate investment partner, has successfully secured the historic “Helmholtz” office building in Munich’s lively Arnulfpark for its DRED SICAV-FIS fund. This acquisition, conducted at a strategically favorable price, represents a key investment in one of Munich’s most vibrant districts, previously owned by a British asset manager.
Erected in the 1920s as the administrative hub for the Krauss locomotive factory, the “Helmholtz” building is renowned for its distinctive mansard roof and facade. It blends perfectly with the diverse architectural landscape of Arnulfpark—a district celebrated for its residential spaces, offices, cultural institutions, and retail outlets. The office palace enhances the area’s appeal with its heritage status and offers approximately 6,600 square meters of rental space and 16 external parking spots, establishing a robust platform for sustained rental income from its principal tenant, the BGW Professional Association for Health Services and Welfare.
The state capital of Bavaria is one of the economically strongest regions in Germany and Europe. The city is not only known for its significance in the automotive industry but also as a leading location in various high-tech sectors. With the acquisition of “Helmholtz” in Arnulfpark, REInvest reaffirms its presence in a market that significantly shapes innovation and economic dynamism in Germany.
Source : REInvest Asset Management S.A.