Munich consultancy Poehlmann Immobilien has advised on the successful sale of a residential and commercial building in Maxvorstadt. The property is situated in a sought-after core location within the district, from which Munich's universities, the Kunstareal museum quarter, and the city centre can be reached within a few minutes.
An investment company based in Grünwald acted as the seller of the historic property. The asset was acquired by a private or institutional investor from North Rhine-Westphalia. The parties involved agreed to maintain confidentiality regarding the exact purchase price. However, it is known that the valuation stood at a multiple of more than 30 times the current annual net cold rent.
Fully refurbished building fabric from the Gründerzeit era
The building was constructed around 1877 and offers a total lettable area of more than 1,000 square metres. In recent years, the previous owner subjected the asset to comprehensive and high-standard modernisation. As a result of these measures, the property is in a condition free from maintenance backlog, which substantially reduced the risk profile for the purchaser.
- —Property type: Historic residential and commercial building (built c. 1877)
- —Area: More than 1,000 square metres of lettable area
- —Location: Central Maxvorstadt near universities and Kunstareal
- —Terms: Transaction multiple of more than 30 times the current annual net cold rent
Sustained demand for prime period properties
Alexander Poehlmann, owner of the brokering firm, views the transaction as proof of the continued robust demand for high-quality period properties in central Munich locations. Investors have shown consistent interest, especially in assets where major refurbishment work has already been completed and immediate operating performance without technical catch-up requirements can be ensured.
Against the backdrop of continuous interest in prime residential property, the Poehlmann Immobilien network is actively searching for further residential and commercial buildings as well as larger residential complexes. The search profile focuses on locations in Munich and Berlin, alongside selected Bavarian secondary cities. For future transactions, the company aims for direct engagement with family offices, portfolio holders, and fellow real estate brokers.
