Mon 02.05.2011

PROPERTY FOR PROJECT DEVELOPMENT IN MUNICH-SCHWABING CHANGES HANDS

BOSSELER  ABEKING has successfully accompanied the purchase of real estate for the residential building project development “Schwabinger Gärten” in Speyerer Straße near to the centre of Munich. According to the plan, the residential and retail units amount to a gross floor area of approx. 2,187 square metres. The total floor space is approx. 1,984 square metres exclusive of the special rights of use of private gardens of the ground floor units. The current development of the site in Speyerer Straße includes a garaging facility and retail units. The leases can be terminated with a period of no more than twelve months to the end of the month. The seller of the property was a Berlin-based asset investment company, the buyer was a Munich-based project developer. Both parties have agreed not to disclose any details regarding the purchase price.

BOSSELER  ABEKING is Munich's leading consultancy company for investment properties. The specialised property company advises and provides services to wealth management (Family Office) organisations and foundations. Within the framework of its purchase advisory services, Bosseler & Abeking assists these investors with respect to the selection of, and the search for suitable properties. Thanks to its excellent market knowledge and extensive networks, Bosseler & Abeking is a renowned specialist, meeting the needs of property owners and investors. The company also set up the non-profit Bosseler & Abeking Foundation to help children in need.

Press Officer :

Andrea Grußler
grussler@bosselerabeking.de
Tel.: 089 / 179539-0
Fax: 089 / 179539-11