Altstadt-Lehel's tenant base is anchored by banking, law, insurance, family offices, government.

  • Tier: trophy.
  • Tenant character: Historic CBD trophy.
  • Average rent: €60/sqm/mo · ≈ $72.2 PSF/yr USD.

Altstadt-Lehel, Munich tenant profile

Altstadt-Lehel's tenant base is anchored by banking, law, insurance, family offices, government.

TL;DR

  • Tier: trophy.
  • Tenant character: Historic CBD trophy.
  • Average rent: €60/sqm/mo · ≈ $72.2 PSF/yr USD.

Who clusters here

Banking, law, insurance, family offices, government.

What that means for newcomers

Newcomers to Altstadt-Lehel should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityMunich
submarketAltstadt-Lehel
tiertrophy
averageRentLocal€60/sqm/mo · ≈ $72.2 PSF/yr USD
cityClassARentUsd$67/sqft/yr
cityVacancyPct6.1%

Frequently asked questions

What kind of tenants lease in Altstadt-Lehel?
Banking, law, insurance, family offices, government.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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