UNMÜSSIG acquires SilberburgQuartier in prime central Stuttgart location
UNMÜSSIG Group (“UNMÜSSIG”) has acquired the SilberburgQuartier in Stuttgart-West, located in close proximity to the city centre and Stuttgart’s prime high street, Königstraße. The seller is an institutional investor. The quarter comprises two office buildings and one residential building at Silberburgstraße 175–177, Reinsburgstraße 17 and Marienstraße 50. The ensemble currently comprises approximately 7,200 sqm of lettable space. Until the end of 2023, the majority of the buildings was leased to Allianz Insurance and has remained vacant since then.
For the office building at Marienstraße 50, UNMÜSSIG plans a resource-efficient and EU Taxonomy-compliant revitalization of approximately 3,500 sqm of lettable space. Following modernization, the property, originally constructed in 2000, will be re-let. The remaining site along Silberburgstraße will be comprehensively redeveloped. Plans include approximately 7,500 sqm of additional lettable space featuring state-of-the-art, flexible office environments, as well as a café and food & beverage concept on the ground floor, which will help revitalize the public space at the corner of Silberburgstraße and Marienstraße. Sustainability criteria will also play a key role in the redevelopment, which is planned to meet DGNB Gold and WiredScore Platinum standards, among others.
Colliers International acted as broker for the transaction. UNMÜSSIG was advised by GSK Stockmann, Albrings+Müller and WWA Architects.
Maximilian Unmüßig, Managing Partner, says: “With the acquisition of SilberburgQuartier, we are continuing our differentiated investment strategy in the Stuttgart office market, focusing on modern, sustainably demanded and ESG-compliant office projects in prime central locations. The property offers an opportunity to capitalize on the opportunities emerging in the office sector and unlock significant value creation potential. The combination of the revitalization of existing buildings and new development provides a particularly attractive risk profile. We look forward to bringing new vitality to the site and further enhancing its urban quality.”
