24 September 2025 – Helsinki, Finland –Bob W has signed a long-term lease for a serviced apartment building in Munich’s Arnulfpark, marking the operator’s fifth property in the Bavarian capital as it continues to expand across Europe.
The five-storey, 1,500 sqm property is located on Lilli-Palmer-Strasse in Munich’s thriving Tech Quarter. Formerly operated as a boarding house, the property is joining the Bob W portfolio and will open doors later this winter.
Four floors will be converted into fully furnished studio and one bedroom Bob W apartments for both short- and long-term stays, while the top floor will continue to be used as office space. An underground garage will provide on-site parking for guests.
Directly adjacent to Donnersbergerbrücke station, the site offers excellent connectivity to the city centre. Arnulfpark has become one of Munich’s most dynamic mixed-use districts and is home to the German headquarters of global companies including Google, Apple, Salesforce, and Check24 supporting both the company’s corporate travel and tourism strategies.
The building will undergo a comprehensive refurbishment in 2026, repositioning the asset to meet growing demand for flexible, tech-powered accommodation from international business travellers and the local workforce. With Bob W’s digital-first model that combines local design, sustainability, and seamless guest technology, the property will serve as a modern alternative to traditional hotels and short-term rentals.
The asset was acquired by Peterborough Capital in partnership with DW Real Estate, who will oversee the redevelopment.
Niko Karstikko, Co-founder and CEO of Bob W, said: “Munich is one of Europe’s most supply-constrained hospitality markets, and Arnulfpark is exactly the type of location where we see long-term opportunity. With our tech-powered, design-led apartments, we’re helping landlords transform existing assets into sustainable, flexible accommodation while giving guests and companies a smarter alternative to hotels and short-term rentals.”
Dominik Sailer, Managing Director at DW Real Estate, added: “Arnulfpark has emerged as one of Munich’s most dynamic districts, and we see strong long-term demand for high-quality, flexible accommodation here. Partnering with Bob W allows us to reposition the building with an operator that not only brings proven expertise in serviced apartments, but also a digital-first model and sustainable approach that align with how people want to live and work today.”
The Arnulfpark project follows Bob W’s three Munich properties in Schwabing, Old Town and Münchner Freiheit announced earlier this year, as well as Munich Airport, bringing the operator’s total footprint in the city to five properties.
Germany remains one of Bob W’s key growth markets, with a pipeline of signed properties across major cities including Berlin, Hamburg, Stuttgart, Cologne and Dortmund.
The Bob W leadership team will also be in attendance at Expo Real, taking place in Munich from 6 – 8 October 2025.
– ENDS –
Media enquiries:
Victoria Ward
Abode Worldwide
[email protected]
+44 7875 155020
Stewart Paterson
Abode Worldwide
[email protected]
+44 7387 314249
About Bob W
Bob W is an award-winning tech-powered hospitality operator offering a slicker alternative to mainstream hotels and traditional short-term rentals. Our design-centric, full-service aparthotels combine the consistent quality and aesthetics of a lifestyle hotel with the flexibility, hosted experience, and amenities of a short-term rental. Sustainably operated and thoughtfully designed, Bob W’s properties are made for the modern traveler who expects both style and substance.
Backed by Europe’s leading venture capitalists, family offices, and entrepreneurs, Bob W has built technology to deliver an authentic 5-star hospitality experience at scale while leading the world’s transition to sustainable travel. With over €70 million in funding secured, Bob W has expanded its total portfolio to over 5000 units, with properties live across 19 cities in Europe and UK today, with further rapid growth underway in both existing and new markets.
For more information and bookings, visit www.bobw.co
For supporting materials, checkout our presskit https://bobw.co/press
