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Palais an der Oper Achieves Full Occupancy

Palais an der Oper in Munich, a landmark property in a central inner-city location, will be fully let from September 2026.

AI generatedPalais an der Oper Achieves Full Occupancy – AI-generated illustrative image
Palais an der Oper Achieves Full Occupancy. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Palais an der Oper in Munich has announced full occupancy of its premises. From September 2026, all units in the property will be let. The achieved occupancy rate was secured by the successful placement of the largest residential unit in the building, which covers an area of approximately 274 square metres.

Palais an der Oper, situated in a prime inner-city location, represents one of the most prominent addresses in the Bavarian capital. The total area of the property extends to approximately 20,000 square metres, synergistically combining office, retail, gastronomy, and residential uses. This full occupancy demonstrates the consistently high demand for first-class spaces in premium locations and confirms the property's attractiveness.

For Clarus Management GmbH, the full occupancy represents the result of a long-term asset management strategy. Ulrich Heinl, Director Asset Management at Clarus, emphasises that the combination of historical architecture, contemporary space concepts, and a consistent orientation towards tenant needs has made the Palais one of Munich's most sought-after addresses for many years.

Christian Bahn, Managing Director of Clarus Management GmbH, adds that the long-term and successful positioning of a property goes far beyond an excellent location. He stresses the relevance of continuous care, proactive development of the property, and a deep understanding of user requirements. The current full occupancy at Palais an der Oper thus confirms the company's commitment to maintaining properties sustainably attractive and creating lasting value for tenants.

Palais an der Oper is considered one of Germany's most exclusive and historically significant properties. It is located in a prominent position, directly opposite the Bavarian State Opera and the Munich Residenz, at the beginning of Maximilianstrasse. The historic property combines the architectural substance of a former aristocratic palace with modern usage requirements and offers its tenants an exclusive environment in the heart of Munich.

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