GSK Stockmann advised AXA IM Alts/ACCUMULATA on the letting of around 2,000 sqm of office space in the Munich development project “The Stack” to the US law firm Quinn Emanuel Urquhart & Sullivan LLP.
The GSK Stockmann team was led by Munich partner Monique Franke and provided comprehensive advice to the lessor on the project development and the letting of the space, including on the development of a modern workplace concept.
The Stack is an innovative timber-hybrid building with a green façade that places great emphasis on sustainability and user comfort. The development is located on the corner of Goethestrasse and Schwanthalerstrasse in Munich’s Bahnhofsviertel, a district just south of the city’s main railway station. The building will offer around 17,000 sqm of lettable space as well as generous communal areas on the ground floor and roof garden. The project is scheduled for completion in early 2026.
With Novartis signing a lease for 4,800 sqm just a few days ago, almost half of the office space is now let. GSK Stockmann also advised the lessor on the letting to Novartis.
Advisers of AXA IM Alts / ACCUMULATA at GSK Stockmann:
Monique Franke (lead), Nadine Wachendorf, Katharina Groche (all: Real Estate Asset Management), Stephan Wachsmuth (Tax); Associates: Florian Pletschacher, Bianca Luppert (both: Real Estate Asset Management)
