The Shopping mall Fünf Höfe (English: Five Courtyards) in the center of Munich (in the area of Salvator-, Theatiner-, Kardinal-Faulhaber-Straße) was created from 1998 to 2003 after the coring of a HypoVereinsbank building complex. In 2004, the Fünf Höfe was sold to DIFA (today Union Investment Real Estate AG) and since then the official name has been CityQuartier Fünf Höfe.
In total, the Fünf Höfe offers their visitors, on the approximately 14,000 square meter area, around 60 stores and about 2,500 square meters of cafés and restaurants. They also include the Hypo-Kunsthalle (approximately 3,200 m² of floor space), which displays temporary exhibitions on changing themes, artists and epochs.
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