Accumulata starts works for Munich's first timber hybrid office building

2022-07-04 14:32:54 By : Mr. Frank Yin

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Munich's first timber hybrid office building is on the starting line. Marketed under the name „Tri“, the project is being realised by Lasalle IM and Accumulata on Elsenheimerstrasse in Westend. The start of deconstruction work is already underway, and construction has now been announced for the third quarter.

The „TRI“ is being built on the site at Elsenheimerstrasse 31 according to plans by the Munich architectural firm Oliv Architekten. The approx. 16,000 m² project will be contributed to the Encore+ fund managed by LaSalle Investment Management after completion in early 2024. The project has a DGNB platinum pre-certification. For contemporary mobility solutions, the property offers bicycle parking spaces with charging options as well as an intelligent underground parking concept. Marketing of the timber hybrid office building is taking place in cooperation with the lead broker CBRE and has already begun. Designed by the leading Munich-based architectural firm Oliv Architekten, the asset will provide flexible, multifunctional spaces including a ground-floor café/bistro and landscaped roof terrace, as well as various wellness amenities, including a yoga studio and a relaxation lounge. Tenants will also enjoy bicycle parking, electric charging points and a smart underground car parking facility. Furthermore, the building will provide customisable office units and creative collaboration spaces, ensuring the asset is well positioned for the future. In terms of its environmental credentials, the project meets the highest sustainability standards across all areas, including construction, materials and operations. Having already received a DGNB “Platinum” precertification, the asset will be constructed using concrete reclaimed from the existing building currently situated at this location. All materials used in construction will be documented in a material passport, showing where and how the various components were sourced and installed, ensuring they can be repurposed at the end of their service life. These measures are projected to reduce embodied carbon by up to 25%. Embodied carbon will be low at 366kg CO2e/sqm, significantly below the RICS Building Carbon Database (offices) average benchmark of 1291kg CO2e/sqm. The use of timber in the building’s load-bearing structure will ensure that approximately 1,100 tonnes of carbon will remain stored in the building fabric, rather than emitted into the atmosphere. During the course of the asset’s lifespan, emissions associated with the building’s operation will be reduced by 65% in comparison to a typical office building through the integration of a photovoltaic system, efficient heating, cooling and ventilation systems and the use of a ground water heat pump. The building will also harvest and store rainwater, supplying irrigation systems for the benefit of surrounding green areas. © Oliv Architekten “This is an industry-leading and best-in-class project. The first of its kind in Munich, its design in accordance with circular economy principles and resource-conserving operation will serve as a benchmark in sustainable real estate. Located in one of the most sought-after office submarkets in Munich, the property will be extremely well placed to meet the ever-evolving demands of future tenants around sustainability, quality, amenities and infrastructure, while providing attractive long-term returns for our investors.”, commented David Ironside, Fund Manager of Encore+ at LaSalle Investment Management. „The start of demolition work is another milestone in the creation of one of the most sustainable office projects in Munich. By partially reusing the concrete that has already been used, but also by creating a material passport, we want to comply with the idea of urban mining and promote the circular economy in the building sector,“ says Markus Diegelmann, Managing Partner at Accumulata Real Estate.

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