Press release
Bavaria South,

Instone Real Estate: Complete sale and major award for the "Therese" project in Munich

Bavarian private housing and real estate association BFW Bayern and the Bavarian Chamber of Architects present award for quality in housing construction in 2019 at the beginning of March /// Presentation by Bavarian State Minister for Housing, Construction and Transport Kerstin Schreyer /// "Therese" thus one of Bavaria's top residential construction projects of the last few years – major incentive for additional Instone projects throughout the Free State

Essen/Munich, 21 April 2020: Instone's residential project "Therese" in Munich continues to attract attention around a year since its successful completion. Following full placement of the 117 apartments, the Bavarian Chamber of Architects, together with Bavarian private housing and real estate association BFW Bayern, recognised the project at the beginning of March with an award as part of the "Prize for Quality in Housing Construction 2019" competition.

This therefore makes "Therese" one of the top five projects out of 65 submissions that were among Bavaria's best residential projects last year. The award was officially presented by Kerstin Schreyer, Bavarian state minister for housing, construction and transport.

"It is a great honour for everyone involved in the project and an additional incentive for Instone to continue building quality housing," comments Joachim Häsler, Instone branch manager for Bavaria South.

The planners responsible for the neighbourhood project "Therese" are PALAIS MAI Architekten of Munich and Grabner Huber Lipp Landschaftsarchitekten und Stadtplaner of Freising.

Distributed over eight residential buildings, "Therese" shows how city-centre residential construction and successful, high-quality densification can work in Munich. The planning for the buildings was based on the courtyard structure typical of the Maxvorstadt district. Of various floor plans and sizes, most of the apartments face the quiet interior courtyard. Construction was carried out on the former production site of the company ARRI.


Press Contact
Instone Real Estate
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10179 Berlin
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