Sky Deutschland has extended the lease for its headquarters at Medienallee 26 in Unterföhring, near Munich, for a further ten years.
The office property, completed in 2010, provides approximately 30,000 square metres of leasable space and is fully occupied by the media company. The building is located within Unterföhring’s established media and office district, one of the main business clusters in the Munich metropolitan area.
The lease extension follows a review process that included an assessment of alternative locations. After evaluating available options, Sky Deutschland decided to remain at its current headquarters.
The Silverton Group managed the asset and supported the restructuring process on behalf of creditors. The company worked alongside insolvency administrator Béla Knof of White & Case LLP on a long-term strategy for the property.
Savills advised Sky Deutschland during the lease renewal negotiations and assisted in the evaluation of alternative office options.
The agreement provides long-term occupancy certainty for the tenant and secures continued use of the building as Sky Deutschland’s headquarters in the Munich region.