2025-08-04 7:36 CET, Europe, Germany | Investment Management | Press release
Catella Investment Management GmbH (CIM) and the KVG platform Catella Real Estate AG (CREAG) have signed a long-term lease agreement for office and light industrial space in CUBE in Taufkirchen near Munich. Approximately 1,200 square meters have been leased to the aerospace company Spire Global. Spire Global develops, builds, and operates one of the world's largest constellations of multi-purpose satellites. Spire Global has locations in the US, Canada, Luxembourg, and the UK, and plans to establish its German branch in the CUBE. The new space will be used as offices and for development, assembly, and product testing.
Catella acquired CUBE in 2014 for the special real estate fund “Immo-Spezial – Wirtschaftsregion Süddeutschland” (Special Real Estate Fund – Southern Germany Economic Region). The office project, consisting of two buildings, was constructed in two stages in 1973 and 1989 and comprises a total of approximately 16,500 square meters of office and commercial space. Together with turn Real Estate GmbH, CIM and CREAG are repositioning the building complex by expanding the originally monofunctional spaces to include uses such as (medical) practices, commercial housing, production, gastronomy, and education/training. In addition, the project is being further developed conceptually, including the creation of additional lounge areas and barrier-free accessibility.
Michael Keune, Managing Director of CIM, explained: “CUBE is a good example of how demolition can be avoided and existing buildings can be functionally transformed and thus made fit for the future. The lease to Spire Global shows that our strategy to transform CUBE into a future-ready property offering high-quality office space and areas for complementary uses is paying off.”
Gabriel Oehme, CTO of Spire, says: “We are delighted to have found modern and flexible space at CUBE and to further develop our long-term presence in Taufkirchen. The region offers a great ecosystem with many innovative companies, but also a pool of talent in the aerospace sector.”
The municipality of Taufkirchen is located on the southern edge of Munich. The property is very well connected to public transport thanks to the Taufkirchen bus and S-Bahn station in the immediate vicinity. The nearby Sauerlach, Oberhaching, and Taufkirchen-West motorway access points also provide excellent access to the motorway network and easy access to Munich city center and the airport.
CIM, CREAG, and turn Real Estaten GmbH were advised by DLA Piper. The lease agreement was brokered by IGENUS Immobilien GmbH & Co. KG.
About Catella Investment Management GmbH (CIM)
Catella Investment Management GmbH (CIM) is an independent and entrepreneurial real estate investment advisor for funds and mandates with assets under management of approximately EUR 10 billion. As a subsidiary of the Stockholm-based Catella AB, CIM advises more than 25 mutual real estate funds and special real estate funds as well as several mandates across 15 European countries, with a focus on residential, mixed-use, parking, and logistics properties. CIM provides (advisory) services in research, portfolio management, acquisitions, disposals, and asset management. The company operates offices in Berlin, Munich, and Vienna.
For further information:
Catella Investment Management GmbH
Stine Zöchling
Head of Marketing and PR
Office: +49 (0)30 887 285 29 76
Mobile: +49 (0)151 544 51 005
E-Mail: stine.zoechling@catella.de
