Cain International acquires Munich office development project Koryfeum in joint venture with FREO Group

Cain International’s European Real Estate Opportunity Fund I has agreed to acquire a 50 per cent stake in Koryfeum, an 80,400 sq m office development in Munich, representing Cain’s debut transaction in the German market, in joint venture with FREO Group.

Comprising a total of six buildings, Koryfeum will be delivered in three phases, with the first phase due for delivery in H2 2022, and will target leading ESG certifications, including DGNB Gold and WiredScore. In addition to providing flexible floor space, Koryfeum will offer future tenants a range of campus amenities, including restaurants and sports and recreational facilities in a green environment.

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