FPS advises Thüga Group on real estate transaction with Rock Capital in Munich

‘With our decision to move to the Bruckmann Quartier, we will be offering our highly qualified employees and committed junior staff a modern working environment in future,’ says Dr Constantin H. Alsheimer, Chairman of the Executive Board of Thüga AG. ‘We are moving closer together in the best sense of the word and reducing our space requirements. By bringing together the workforces of Thüga AG, Syneco, Thüga Assekuranz and the Munich location of Thüga SmartService in the Bruckmann Quartier, we are creating synergies and promoting interdisciplinary exchange across departmental and company boundaries.’

The existing, listed part of the building in south-western Munich will be integrated into the new plans, as will the adjacent restructurable space, and supplemented with two new buildings on the entire site. The principle of preserving non-ageing components, especially the existing shell construction, allows the entire project to be rebuilt while significantly reducing the usual amount of cement, sand and steel. Upon completion of the overall project at the end of 2027, the new Bruckmann Quarter will comprise nearly 30,000 square metres of state-of-the-art, forward-looking New Work Offices.

The tenant, Thüga, was represented by FPS Rechtsanwaltsgesellschaft mbH & Co. KG, Munich office (lead: solicitor Jan Wunschel). 

About Thüga Group
Thüga is an investment and specialist consulting company with municipal roots. Thüga is the largest cooperative network of municipal energy and water service providers in Germany. Around 100 municipal utilities form the Thüga Group. They secure their individual competitiveness through joint representation of interests, cooperation, bundling of services and collective research and development activities.

About Rock Capital Group
Rock Capital Group is a private asset management company that focuses on real estate development in the Munich and Frankfurt am Main regions. Rock Capital Group's core business is divided into the business areas of existing properties and properties under development..