Deutsche Hypo finances Munich office building

Deutsche Hypo – NORD/LB Real Estate Finance has provided a €50 mln loan to a real estate fund managed by Sicore Real Assets. 

Leopoldstrasse, Munich - Deutsche Hypo

The funding is for an office complex located on Munich's Leopoldstrasse.
The property, constructed in 2013, features a six-story main building facing the street, with four wings and three three-story rear buildings creating landscaped courtyards. Its design allows for flexible layouts and up to six tenants per floor, thanks to separate entrances for each building. 
The complex offers approximately 19,140 m² of office space and about 490 m² for dining establishments. An underground garage with 282 parking spaces is also included.
The building holds a DGNB Gold certification, indicating its high standards in sustainability and construction quality.
Dominik Borchardt – client advisor/transaction manager, Deutsche Hypo – NORD/LB Real Estate Finance, stated:  “We are delighted to be able to further expand our relationship with our client Sicore Real Assets with this financing. With the property on Leopoldstrasse, we are financing an office building that combines high-quality fittings, a convenient location and sustainable construction.”