KanAm Süddeutschland fund buys two assets in Munich

28/11/2018

The portfolio of the Fokus Süddeutschland fund by KanAm Grund Group, which addresses institutional investors, is growing by two more properties in Munich. As KanAm reports, they have acquired a wholesale warehouse with office section in the commercial park Am Moosfeld on Valentin-Linhof-Straße, as well as an office building with apartments on Haidelweg in Pasing-Obermenzing. The seller of the property on Moosfeld is Aurelis, the facility is leased to Raab Karcher Baustoffhandel, a sales brand of Saint-Gobain Building Distribution Deutschland GmbH. The mixed-use structure on Haidelweg was built in 2001 and modernized this year. The seller is a subsidiary of Munich Residential GmbH, which in turn is a joint venture of Krulich Immobilien Group and Opfergeld Group. This latter sale was brokered by Colliers International.


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