Wednesday, August 26, 2015 IC Immobilien Gruppe takes over property management of Hornbach Munich-Freiham

Munich, 26 August 2015 - IC Immobilien Gruppe took over the property management mandate for a retail property at Hans-Steinkohl-Straße 30 in Munich-Freiham. The hardware store Hornbach is the sole tenant. The building has a size of 33,432 square meters and was constructed in 2007. A subsidiary of the owner Tilad Investment Funds SPC, a multi familiy office from the Gulf region, issued the mandate. Tilad Investment Funds SPC already mandated IC Immobilien Gruppe with the property management of the BMW distribution center in Niederaichbach near Landshut.

About IC Immobilien Gruppe: IC Immobilien Gruppe is one of the leading independent property and asset management service providers for commercial real estate. With a staff of over 250 and seven offices IC Immobilien Gruppe is present at all strategically important locations in Germany. IC Immobilien Gruppe manages more than 850 properties comprising a volume of over 10 billion EUR. Around 60% of IC Immobilien Gruppe's clients are from abroad, including France, Spain, the UK, the United Arab Emirates and Canada.

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