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Union Investment

Investment fund - Investment company

Last update July 30, 2019 | Report an error

Hubertus Bäumer

Fondsmanager / Head of Institutional Property Solutions

Klaus Bollmann

Managing Director and Board Member

Martin Brüehl

Managing Director, Chief investment officer

Martin Brühl

Chief Investment Officer (CIO)

Éric Cheah

Head of Investment Management in Asia-Pacific

Fabian Hellbusch

Leiter Immobilien Marketing, Kommunikation

Olaf Janssen

Directeur études recherches immobilière

Wolfgang Kessler

Managing Director - Fund Manager - Board Member

Jörg Kotzenbauer

Head of Corporate Development

Bernhard Kraus

Managing Director

Reinhard Kutscher

Chief Executive Officer (CEO) - Chairman of the Management Board

Andreas Löcher

Head of Investment Management Hospitality department

Bent Muehlena

Directeur de l'activité promotion et développement de projets

Thomas Muller

Department Manager

Volker Noack

Member of the Management Board

Alejandro Obermeyer

Head of investment management

Brigitte Ott

Press Spokeswoman

Georg-Christian Rueb

Portfolio Manager Micro-Living

Martin Schaller

Department Head - Asset Management Hospitality

Lars Scheidecker

COO & Data Manager

Martin Schellein

Head of Investment Management Europe

Jörn Stobbe

Chief Operating Officer (COO) - Member of the Management Board

Alexander Trappiel

Investment Manager Micro-Living

Henrik von Bothmer

Investment Manager Micro-Living

Henrike Waldburg

Head of Investment Management Shopping Center

Benjamin Walter

Senior Investment Manager, Investment Management Hospitality

Office

German Union Investment's CRE lettings surge 80% - €96m net rent

Germany's Union Investment boosted total lettings across all global commercial real estate by 80% in the first half compared to 1H18, representing annual net rent of (...)

Office

Advised by CBRE GI, Italian mgr Fabrica pays €132m for Brussels Mondrian

Advised by CBRE Global Investors, Rome-based manager Fabrica SGR has paid €131.5m for the 20,600 sqm EC-let Mondrian office building in Brussels on behalf of a fund. The asset, (...)

Finance

German 1H property investment reaches €32bn, should hit €70bn for full year - JLL

Despite negative reports, German real estate investment continued to perform well in the first half-year at €32.2bn, and should reach some €70bn for the year, says (...)

Office

Germany's Union Investment acquires 5th Stockholm office property

Germany's Union Investment has added its fifth Stockholm office property since 2016, the fully-let, refurbished historic HSB building in central Stockholm offering 11,500 sqm GLA. Giving no financial details, (...)

Housing

Germany's Münster said most attractive student housing location

The city of Münster, with almost 60,000 students, is the most attractive investment location for new student housing in Germany, says a new study by Union (...)

Finance

Germany's Deka launches new private saver funds, enters resi with Swiss Life

German savings banks' investment arm Deka is launching three new private saver real estate funds, one of which invests for the first time in residential in (...)

Finance

Four key trends for real estate values seen as demography, urbanisation, tech, sustainability

Four main trends will be crucial for determining future real estate values, says the head of BNP Paribas REIM - demography, urbanisation, technology and green sustainability. Barbara (...)

Housing

Germany's Union, ZBI close largest 16,000 unit resi purchase, indicated at €1.4bn

Germany's Union Investment and ZBI group have closed the purchase of 16,000 domestic housing units held by the firm BGP, indirectly indicating a price paid of (...)

Housing

Deutsche Wohnen confirms resi buy from Sweden's Akelius, for €685m

Deutsche Wohnen, Germany's second largest listed housing firm, has confirmed that it is acquiring nearly 3,000 domestic assets from Sweden's Akelius, paying €685m. The German magazine Wirtschaftswoche late last (...)

Finance

Germany's Union Investment RE names Stobbe as new chairman

Germany's Union Investment Real Estate, fund manager of the nation's cooperative banking system, has named Jörn Stobbe as next chairman after incumbent Reinhard Kutscher retires at year-end. Stobbe (53) has (...)

Housing

Deutsche Wohnen said eyeing €750m German resi buy from Swedish Akelius

Deutsche Wohnen, Germany's second largest listed housing company, is reported to be preparing to purchase, for some €750m, some 2,800 domestic residential assets from Sweden's Akelius. The (...)

Housing

Union Investment's 16,000 German housing buy from China's CIC said worth €2bn

Germany's Union Investment is nearing a deal to buy about 16,000 domestic housing units from Chinese investor CIC, taking over the company BGP at a reported (...)

Finance

German Union Investment adds €2.3bn to pass €40bn RE holdings in 2018

Germany’s Union Investment added €2.3bn to real estate holdings last year to take managed assets past €40bn for the first time. Half of all purchases were (...)

Office

Germany's Union adds Amsterdam’s canal district package for €142m

Union Investment, part of Germany's cooperative banking system, has paid €142m for five connected buildings on Amsterdam's Keizersgracht, a historic canal district listed as a UNESCO World (...)

Office

German Union in €165m forward deal/leaseback for Helsinki office

Germany's Union Investment is paying €165m to acquire Helsinki's 27,500 sqm Urban Environment House office project due to complete in 2020. Seller and future tenant is (...)

Housing

Germany's Union, ZBI residential fund surges to €1.4bn AUM

Just 15 months after launch, the Unilmmo: Wohnen ZBI fund created by Germany's Union Investment and the ZBI Group has reached €1.4bn in assets, adding 6,317 (...)

Finance

German capital faces stiffer competition for CEE real estate - CBRE

German property funds have in recent years been among the biggest investors in Poland and central Europe, with around 15% market share. But competition from US, (...)

Housing

Berlin manager acquires two mandates, 750 flats worth €90m from Union

Berlin private investment manager Deutsche Asset One has acquired 750 apartments valued at around €90m in two separate account mandates from Union Investment Real Estate. In a (...)

Housing

Vonovia confirms 10% stake in CDC Habitat's SNCF resi portfolio buy

Germany's giant listed housing group Vonovia, responding to a BIE report, has confirmed it has a 10% stake in the consortium led by CDC Habitat that (...)

Housing

France's CDC, backed by Germany's Vonovia, said winner of SNCF housing at €1.4bn

With a near €1.4bn bid, France's CDC Habitat, backed by two state pension funds and Germany's Vonovia, has won the 4,000-unit housing portfolio sold by rail (...)

Hospitality

Hamburg's Union acquires four economy hotel projects in forward purchase

Hamburg-based Union Investment has acquired a portfolio of four economy hotel projects in a forward purchase agreement. Seller was the developer benchmark REAL Estate Development. Union said (...)

Office

Germany's Union sells Essen office for €145m to Mid-East funds

Germany's Union Investment has sold RellingHaus, a landmark office complex in Essen to funds advised by Aegila, a new London based-advisor for Middle East funds. Located in (...)

Housing

Hamburg's Union pays €82m to add 750 German housing units to fund

Hamburg-based Union Investment Real Estate, part of the German cooperative banking system, has added 750 housing units to its UniImmo: Wohnen ZBI fund for a cost (...)

Finance

Eyeing a turn in RE yields, investors reassess targets, strategies - Germany's Union

Most real estate investors in Germany, France and UK expect returns to start rising again in 2019 or 2020, and are reassessing yield targets, increasingly worried (...)

Office

Germany's Union keeps Nordics in focus despite Helsinki office sale

Germany's Union Investment Real Estate said Helsinki and other Nordic cities continue to be in its purchasing focus despite selling an office in the Finnish capital (...)

Finance

German firms establish Real Estate Data Summit to set open digital strategy

Eight leading German property management and real estate firms, organised by Berlin PropTech group Architrave, have founded a new grouping called Real Estate Data Summit to (...)

Finance

Aided by consolidation, global property fund AUM rises 22% to average €16.7bn

Primarily due to rapid growth of big managers, aided by a trend to consolidation, average assets managed by global property funds last year rose 22% to (...)

Housing

German Union/ZBI resi fund increases to €781m AUM, eyes €1bn soon

The German residential investment fund managed jointly by cooperative banking manager Union Investment Real Estate and ZBI has boosted assets by €260m to €781m, and the firms said (...)

Hospitality

German investable hotel mkt up 6% to €53bn but deals falling - report

The investable hotel market in Germany grew last year by 6% to €52.6bn but actual deals declined and will likely fall further, says a report by Union (...)

Finance

Germany's Union pays Fabege €120m for fourth Stockholm office asset

Germany's Union Investment has acquired its fourth Swedish office property in recent years, paying listed group Fabege €120m for the 18,000 sqm U6 building in Solna (...)

Finance

MIPIM BLOG Day 1: Sun still shining on European real estate but rain (caution) enters forecasts

Live from MIPIM (Cannes) - First impressions from the sunshine of Cannes: still plenty of optimism around real estate value in Europe though now it comes with a (...)

Office

Blockchain: talk of the town in Cannes at MIPIM 2018 ?

The imminent arrival of blockchain to the real estate industry will 'disrupt' in the full sense, shortening deal times to, perhaps, 24 hours from around three (...)

Listed

Vienna's CA Immo boosts 2017 FFO by 16%, EPRA NAV 12% to €29.90 shr

Vienna's listed CA Immobilien, one of three Austrian firms presently in focus for possible creation of an 'Austria Champion', reported a 16%yy surge FFO to €106.8m in (...)

Hospitality

German Union Investment boosts real estate to €34bn, eyes global hotels

Union Investment, part of the German public sector Volks- and Raiffeisenbank group, last year boosted managed real estate to €34.5bn from €31.8bn in 2016. After signing (...)

Office

Patrizia eyes more acquisitions, settles Union Investment payout dispute

German listed investment manager Patrizia is planning further acquisitions and has around €700m in liquidity for this, CFO Karim Bohn said in a interview. It has also settled a dispute (...)