AXA Investment Managers – Real Assets has acquired Taunushaus, an office building in Munich’s Milbershofen business district. This is the first acquisition to be made on behalf of the Hadrian fund, which is based in Italy. The 11,200 sqm Taunushaus office building offers space on six storeys with flexible layout options that allow for customized individual unit sizes. The underground car park has places for 60 cars, while another 70 spots are available above ground. The office is fully-let to a number of leading German businesses on long leases, with a prominent telecommunications company representing the lead tenant.
