In a deal worth €29m, LaSalle Investment Management acquired the Denkraum office building in Munich on behalf of an individual client. The seller was the open-ended fund Axa Immoselect. Colliers International acted as an advisor.
Built in 2009, the property offers 11,000 sqm of office space. Denkraum is 50 percent occupied by institutional tenants, including DaKine, Lexmark and e-finance solutions company financial.com.
