In recent years Munich has repeatedly ranked highly in quality of life surveys
In addition to its proximity to the Alps, the vibrant and beautiful city of Munich offers a lively café and restaurant scene, an abundance of public space and parks as well as many cultural attractions; it’s little wonder why Munich regularly scores highly in quality of life polls.
With global organisations drawn to Munich’s financial security and growth prospects, the “Munich Mix” is one of Europe's most dynamic and diverse business regions. The city attracts companies of all shapes, sizes and industries, with the region being a prominent hub for organisations within the automotive, manufacturing, TMT, life sciences, green technology, creative, IT, software and communication industries.
Furthermore, Munich has the largest tech and innovation hub in Germany. High-tech companies rely on patent protection, and technology businesses and start-ups within the city benefit from Munich being the patent capital of Europe, with the headquarters of the European Patent Office (EPO) as well as associated courts, attorneys and service providers all located in the region.
Studio Alliance members have undertaken projects in Munich for:
Vertex Pharmaceuticals
Unify Software
Munich Fast Facts
Average Letting Cost
€474
Square metres, Prime rent
Total lettings in 2019
770,000
Square metres
Vacancy Rates
3%
Neuschwanstein Castle
Businesses in the region also benefit from an excellent infrastructure which includes 1,200 kilometres of cycle paths, a robust public transportation system, a well-connected airport hub and an enviable geographic location, providing easy access to the rest of Europe.
Marienplatz town hall and Frauenkirche
Munich has now caught up with Berlin to become one of the most expensive locations for commercial office space in Germany. Exciting developments in the region include Apple’s move into the Karl office building in 2021, the Neo mixed-use development is due to complete in 2020 and will include 8,600 square metres of modern office space, and the Perlach Plaza, a new urban mixed-use development, is scheduled to complete in 2022.
Significant Letting
Apple
32,000 sq m
Karlstraße / Denisstraße
Significant Investment
Hines/Commerz Real
€1,100m
Campus Tucherpark