Hines announces a new lease to Bosch Building Technologies at “aer”, in Munich’s Neuperlach district, to commence in 2023. “aer”, owned by Hines European Value Fund 2 (HEVF 2), is expected to serve as the new headquarters for the Bosch division, which is currently based in Grasbrunn near Munich. The lease represents the largest office deal year to date in Munich’s real estate market. In addition, approximately 50% of the office building is already pre-let well before completion.
“aer” aims to be one of the most sustainable properties in Munich. After completion, it is expected to be climate-neutral, saving on indirect energy consumption, known as gray energy. All additions will be timber or timber-hybrid structures, which will have a positive impact on the building’s energy balance and people’s well-being. The combination of this type of refurbishment and a new timber construction is understood to be unique in Germany.
Christian Meister, managing director at Hines Germany and asset/development manager for the project, says: “This long-term lease marks an important milestone for the “aer” and proves that quality and design combined with outstanding infrastructural connectivity and a sound sustainability concept create an attractive environment for companies. With Bosch Building Technologies, we have been able to attract a successful industry leader as a tenant who shares our ideals and goals in terms of sustainability.”
Bosch Building Technologies will implement a modern and flexible working environment at “aer”. The Bosch Group division is a leading international supplier of products and systems in the field of security and communication. In selected countries, Bosch also offers solutions and services for building security, energy efficiency and building automation. Bosch Building Technologies will contribute its extensive expertise in building technology to the construction of the digital “Office of the Future.” This will enable tenants and landlords to create valuable synergies before they move in.
CEO of Bosch Building Technologies, Thomas Quante, adds: “Bosch has set itself ambitious goals in environmental protection. We have been working for many years to reduce our ecological footprint. Since 2020, Bosch Group has been the first global industrial company with more than 400 locations worldwide to be climate neutral. The choice of “aer” as our new headquarters perfectly suits our values and is thus a further consistent commitment to our sustainability efforts. In line with our mission ‘Building solutions for a better life’, “aer” also offers us the opportunity to create a future-oriented, attractive working environment for our employees – with plenty of space for communication and exchange.”
End-of-trip facilities such as showers, lockers and a bicycle workshop, as well as the planned daycare center, co-working spaces, yoga areas, roof terraces with a view of the Alps, and healthy gastronomy and bar concepts, will complete “aer” for all tenants and set new standards.
The “aer” is comprised of two office buildings at Fritz-Schäffer-Strasse 9 with a total area of 87,000 square metres. Following its acquisition in February 2020, by HEVF 2, Hines has initiated a profound transformation process of the site. The existing property in the western area, which will be home to Bosch Building Technologies, is being completely renovated and transformed. The plan is to create a multi-tenant office building and achieve CO2 neutrality as well as a DGNB Gold rating and WiredScore Platinum certification. These objectives underscore Hines’ efforts to set new standards in the areas of sustainability and digitalisation.
In combination with the plans for the existing building to the east, a campus with attractive outdoor areas accessible to everyone will be created. For the other part of the property, a reorganisation is envisaged, including the creation of affordable housing. Currently, Hines is facilitating a culinary, cultural and sustainable interim concept at the site with “shaere.” The Community Kitchen produces up to 10,000 meals a day from saved food.
Source : Company