Munich
Business

Paribas Reim acquires a portfolio of 3 Ibis Hotels in Munich

A new 20-year lease agreement has been signed for the three assets with an Ibis franchisee in existence since 1996. The three properties are positioned in the 2-star segment and benefit from convenient access via public transportation and road network.

Munich
Business

BNP Paribas REIM acquires Gabrielen Lofts Building in Munich

Delivered in Q2 2018, the asset is certified BREEAM Very Good and meets high equipment standard requirements. Gabrielen Lofts offers a contemporary loft architecture over a total area of approx. 7,000 sqm and is fully let to five tenants.