Altstadt-Lehel's tenant base is anchored by banking, law, insurance, family offices, government.
Altstadt-Lehel's tenant base is anchored by banking, law, insurance, family offices, government.
Banking, law, insurance, family offices, government.
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.
| city | Munich |
|---|---|
| submarket | Altstadt-Lehel |
| tier | trophy |
| averageRentLocal | €60/sqm/mo · ≈ $72.2 PSF/yr USD |
| cityClassARentUsd | $67/sqft/yr |
| cityVacancyPct | 6.1% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.