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Hospitality operator Bob W has signed a long-term lease for a flagship city centre property in Munich. The deal for the 119-unit asset follows a series of recent acquisitions across Germany.
Located at Schwanthalerstraße 61, Bob W Munich City Centre comprises 5,800 sqm of serviced apartments. The building features a mix of studios and one-bedroom apartments and is expected to open in May 2026.
The property sits five minutes from Munich Central Station and the Old Town. It is situated within walking distance of the Oktoberfest grounds in what the company describes as a core well-connected location.
The agreement reflects a focus on Germany as a priority growth market. The firm has launched four properties in Munich since early 2025 and now operates six sites in the city.
The company will take over the existing operation and transition the building into the brand in phases. This approach allows for a rapid launch while upgrading the guest experience and design standards.
Niko Karstikko, chief executive and co-founder of Bob W, said: “Munich is one of Europe’s most competitive hospitality markets, so securing a flagship asset in the city centre is a significant milestone for us.
“What makes this project particularly exciting is the speed and adaptability of our model. We’re able to take on an existing operating asset, bring it into the Bob W platform quickly, and enhance it in stages, minimising downtime while maximising long-term value.”
He added: “Germany remains a core focus for Bob W. We’ve seen strong performance across the market, particularly in Munich, and we’re continuing to scale our presence with a number of additional opportunities currently in progress.”
