| Singaporean sovereign wealth fund GIC has confirmed that it has put the O2 Tower in Munich - Bavaria's tallest scheme - on the market. GIC, which bought the building in 2007 from Hines for a price around €300 mln, is understood to have hired broker Jones Lang LaSalle to market the asset, which at 146 metres is Bavaria's most prominent office building.
JLL declined to comment on the mandate. The building is expected to fetch some €350 mln. Located opposite the Olympic stadium on the Georg-Brauchle-Ring, the asset is situated next to the Olympia shopping mall and offers four seven-story campus-style buildings next to the office tower...............................................Full Article: Source
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