International Top-Level Property Guarantees Value Stability

    MUNICH, Germany, Feb. 11 /CNW/ -

    - "Residence Post" in Munich - Worldwide Unique Property

    The real estate crisis now even separates the chaff from wheat when it
comes to commercial property objects: Only top level real estate guarantees
value stability and return on investment. A prime example for this is the
historical "Residence Post" - situated in the heart of Munich, in one of the
most sought after city center locations in Europe. According to a recent
worldwide survey by PricewaterhouseCoopers and the Urban Land Institute,
Munich is the most attractive City for real estate investors in Europe.

    (Photo: )

    "What the last Expo Real already foreshadowed, will be one of the most
discussed issues on the coming MIPIM as well: everybody is in search of the
rare and extraordinary properties that offer a combination of value retention
and yield", argues Hans Schlamp, managing shareholder of Accumulata Immobilien
Development GmbH. "This is also a prove point for the amazingly high demand
for the residence post building, which offers an outstanding investment
possibility for chary investors who are calculating very conservatively."
    This spring the preparing construction work begins. The investment volume
amounts to 350 million euros. The owners Accumulata and LBBW Immobilien are
holding talks with potential investors over the projected building with its
mix of offices, dwellings, gastronomy and retail trade. The listed face of the
building as a counterpart to the Munich Royal Residence will be conserved and
the historical charm of the interior will be newly interpreted by redesign.


For further information:

For further information: Sabine Hirschberger, Marketing & PR, Accumulata
Immobilien Development GmbH, Landsberger Str. 368, 80687 Munich, Tel.:
+49(0)89-17-80-35-34, Fax.: +49(0)89-17-80-35-72,

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