Publity AG Completes Sale of Sky Deutschland Headquarters near Munich

On March 27, 2024, the asset management company publity AG, known for its significant footprint in the German real estate market, officially announced the sale of the Sky Deutschland main building in Unterföhring, close to Munich. The specific details concerning the buyer and the financial terms of the transaction were not disclosed, maintaining confidentiality on the agreement reached between the parties involved.

This modern office facility, constructed explicitly for Sky Deutschland in 2010, spans over 30,000 square meters, offering extensive amenities including more than 500 parking slots equipped with several electric car charging stations. The property epitomizes green energy initiatives, utilizing geothermal energy for heating and adhering to strict ESG standards, showcasing publity AG's commitment to environmental, sustainability, and governance criteria. This area also houses other significant media corporations like ZDF and ProSiebenSat.1, promoting a vibrant media campus environment just 20 minutes away from Munich city center.

Frank Schneider, CEO of publity AG, expressed satisfaction with the sale, highlighting the property's alignment with modern ESG standards and its desirability among investors. This transaction underscores publity AG's expertise in managing and enhancing high-value real estate assets, even in challenging market conditions.