Monday, 21 July 2025
CA Immo has finalized the sale of its stake in the Eggarten-Siedlung residential development project in northern Munich. The buyer is a group of shareholders from its joint venture partner, Büschl Unternehmensgruppe. This move aligns with CA Immo’s strategic objective to focus on high-quality A-class office properties in prime urban locations.
The Eggarten joint venture was established in 2016, with both CA Immo and Büschl contributing land in the Eggarten-Siedlung area. The project envisions a large-scale residential district featuring approximately 1,850 housing units, nearly half of which are intended as subsidised housing. The plans also include public amenities such as a primary school, childcare facilities, garages, retail outlets, and restaurants, spread across a total gross floor area of 228,000 sqm. Sustainable features like a local heating system powered by groundwater are also part of the proposed development.
“With the sale of our stake in the Eggarten-Siedlung project company, we are continuing to implement our strategy of concentrating on premium office assets,” said Keegan Viscius, CEO of CA Immo. “Proceeds from transactions like this will support reinvestment in our development pipeline, meet liquidity needs, or fund select external investments that offer attractive returns.”
