Berlin-based Capital Bay GmbH has secured a serviced apartment building in Munich for its new micro-living fund for a mid double-digit million euro amount. The seller is a joint venture between SEG Development GmbH and Bull Capital GmbH. CB Micro Living GmbH will take over the operational management of the property with a long-term operator mandate.<\/p>\n\n\n\n
Der sich auf einem rund 5.300 m\u00b2 gro\u00dfen Grundst\u00fcck erstreckende Neubau im M\u00fcnchner Stadtteil Freiham umfasst 331 Serviced Apartments mit einer Wohnfl\u00e4che zwischen 18 und 33 m\u00b2. Die Einheiten sind voll m\u00f6bliert und mit eigener K\u00fcche ausgestattet. Dar\u00fcber hinaus verf\u00fcgt das Apartmenthaus neben einem Fitnessbereich, Washing-Lounges und gro\u00dfz\u00fcgigen Gemeinschaftsfl\u00e4chen \u00fcber eine Bar mit Terrasse, ein Restaurant sowie einen Fr\u00fchst\u00fccksraum.<\/p>\n\n\n\n
\"We have been able to secure a property in a prime location in a highly competitive market,\" explains Alexander Kersting, Managing Director of CB Micro Living GmbH. \"The demand for serviced flats in Munich is extremely high - due to a lack of supply of small yet high-quality flats. We are therefore assuming that occupancy will remain very high.\" CB Micro Living will start letting the flats in September this year.<\/p>\n\n\n\n
The property in Munich Freiham will be included in CapitalBAY's new micro-living fund, which can be subscribed to by institutional investors from the autumn. The fund invests in student residences, serviced flats and co-living properties throughout Germany and serves both residential and commercial concepts. The target volume is around EUR 300 million. \"We have taken our first major step in the micro living growth market and are expanding this area in the long term. Two further properties in similarly attractive locations are already in the acquisition phase,\" says Christoph Gei\u00dfler, Chief Investment Officer of CapitalBAY.<\/p>\n\n\n\n
The property is part of an approximately 350-hectare neighbourhood development in Munich Freiham, where around 30,000 people will live and 15,000 will work in the future. Munich's largest education campus and a technology park focussing on life sciences and research are being built on the site. With the Paulaner Brewery Group, an Amazon logistics centre, the Krauss Maffei Group and the Gro\u00dfhadern Hospital, there are numerous large employers in the immediate vicinity. The industrial estates of Krailling, Gr\u00f6benzell, Olching and Gilching can be reached within 10 minutes by car.<\/p>\n\n\n\n
\"Investors benefit from our know-how and our many years of expertise in the field of temporary living,\" Kersting continues. Capital BAY brought 17 employees from UPARTMENTS Real Estate GmbH, a subsidiary of Corestate Capital Group, on board at the end of 2018 and has since expanded the CB Micro Living team to 25 employees. CB Micro Living's medium-term goal is to build up a portfolio of at least 10,000 flats under management. In addition to asset, property and facility management and letting, CB Micro Living's range of services also includes property accounting and marketing.<\/p>","protected":false},"excerpt":{"rendered":"
Die Berliner Capital Bay GmbH hat sich f\u00fcr ihren neuen Micro-Living-Fonds ein Serviced Apartmenthaus in M\u00fcnchen f\u00fcr (…)<\/p>","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_selected_social_profile":[]},"categories":[386,266,249],"tags":[396,268],"class_list":["post-32041","post","type-post","status-publish","format-standard","hentry","category-micro-living","category-pressemitteilung","category-transaction-management","tag-fonds","tag-micro-living"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/posts\/32041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/comments?post=32041"}],"version-history":[{"count":1,"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/posts\/32041\/revisions"}],"predecessor-version":[{"id":32042,"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/posts\/32041\/revisions\/32042"}],"wp:attachment":[{"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/media?parent=32041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/categories?post=32041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capitalbay.eu\/en\/wp-json\/wp\/v2\/tags?post=32041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}