Swiss Life Asset Managers has acquired the White Tower, one of the four buildings in the Bavaria Towers complex in Munich, from Von der Heyden Group. The parties have agreed to keep the sales price confidential, though the value has been estimated to be in the range of €400m. Corpus Sireo, Drees & Sommer and GSK Stockmann + Kollegen advised the buyer during the transaction process. The four-building property includes a 54 meter tower, which will house a Rama hotel when completed. The project is set to be finalized in 2018. When completed the tower will house a Rama hotel.
