AXA IM Alts secures approval and launches works for timber hybrid office development in Munich

AXA IM Alts has received planning consent and launched the construction of The Stack, a 16,000-square-meter (172,223-square-foot) timber hybrid office asset in the center of Munich.

The Stack, which is expected to complete by the end of 2025, will be developed in partnership with Accumulata. The project will deliver six floors of high-quality office space, alongside three basement floors, a ground floor and several accompanying amenities on the corner of Schwanthalerstrasse and Goethestrasse in the center of Munich. The scheme, designed by Wilmotte & Associés Architectes, aims to achieve market-leading environmental credentials, combining a sustainably sourced timber hybrid construction method with green energy technology and biophilic design features to reduce energy demand considerably compared to a typical new-build developm