IC Immobilien Gruppe leases approx. 1,600 square metres in Munich’s 88 North to a leading IT and tele-communications company

IC Immobilien Gruppe has leased out approx. 1,600 square metres in the Munich office complex 88 North to one of the world’s leading IT and telecommunications companies. The company has been a key anchor tenant in the property since 2015 already; with the additional leasing of restaurant and canteen areas on the ground floor it has now expanded its leased area at the site to a total of approx. 6,350 square metres.  

The building, which was completed in 2015 and for which IC Immobilien Gruppe assumed the asset management in the fourth quarter of 2019, has a total leasable area of more than 48,000 square metres. The diversified tenant structure includes, among other tenants, an IT and service provider consultant, a fitness and wellness centre, a facility management company, and a co-working provider. The owner of the property is an institutional investor.