AIG/Lincoln sells Campus M in Munich

AIG/Lincoln has announced the sale of Campus M Business Park in Munich to WealthCap for just under €54 mln.

The newly built business park has a lettable area of some 21,000 m2 and consists of four stand-alone campus buildings designed by architects Weickenmeier, Kunz und Partner.

The scheme, which was awarded a BREEAM Excellent environmental rating, is almost fully let to a number of tenants including Arag, Qualcomm, Burger King, Schaltbau, Infor and VS Möbel.

Cushman & Wakefield was mandated to sell the property by AIG/Lincoln. The vendor was advised by TM_Q Thiele-Mühlhan & Quintel on legal matters while Heuking Kühn Lüer Wojtek acted for the buyer.