Swiss real estate investor Gold Tree has purchased the German corporate headquarters of pay-television group Sky near Munich.
Swiss real estate investor Gold Tree has purchased the German corporate headquarters of pay-television group Sky near Munich.
German fund manager Commerz Real sold the 30,000 m2 building located in Unterföhring for €50 mln.
Catella Property Group acted for Commerz Real.
Commerz Real had developed the property on a leasehold basis to accommodate 1,000 employees of Sky Deutschland.
Catella's Corporate Finance team initiated the restructuring of the leasehold as part of the transaction and mediated access to bank financing.