• Deutsche Pfandbriefbank provided EUR 48.83 million financing to an ESR Europe-managed fund for a Munich office-to-serviced-apartment conversion.
• The roughly 11,000 sq m property sits in Munich’s Weisses Quartier; shell construction has been completed.
• Staycity Group signed a long-term lease; the site will open as a Staycity Aparthotel with 255 fully equipped rooms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deutsche Pfandbriefbank AG published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.