Galileo Munich

Mezzanine Financing of central development of the Technical University Munich including hotel, conference center, office and retail.

• The development includes offices, a 200+ keys four-star hotel, a 150+ keys four-star serviced apartment complex and retail space.
• The Fund Manager invested into the capital stack as mezzanine investor on top of a € 120 million senior debt facility by a German bank and below another € 50 million mezzanine tranche. We also secured a preferred purchase right of the whole complex.
• The development is in a prime location of Munich with tenants including leading German and international corporations. The hotel is a franchise by the leading global hotel operator. Most of the retail space is rented to the largest German retail chain.