Business Immo, the real estate website

Union Investment Real Estate

Finance 16/01/2020

Union Investment’s transactions totaled €3.6bn in 2019

Union Investment expanded its transaction business in the European property markets in 2019 to approximately €3.66bn, compared to €3bn the year before. In total, (...)

Retail 23/12/2019

Germany's Union, Italy's Generali acquire Zaragoza Puerto Venecia for €475m

Germany's Union Investment and Italy's Generali Real Estate are paying €475m in a 50/50 joint venture to acquire the Puerto Venecia shopping resort in Zaragoza, Spain. The (...)

Office 19/12/2019

German Union Investment adds 4th Helsinki asset for €148m

German Union Investment has extended its portfolio in Finland, adding an 8,300 sqm retail and office property in Helsinki city centre, its 4th asset in (...)

Logistics 18/12/2019

Germany's Union applies to acquire €800m logistics fund from Garbe

Germany's Union Investment has applied for clearance to acquire Logistrial Real Estate, an €800m logistics fund currently owned and managed by Hamburg's Garbe group. A note in (...)

Finance 16/12/2019

Transition in German Union Investment management as Kutscher hands over to Stobbe

After more than 20 years in the management team at Union Investment Real Estate, including the last 12 as chairman, Dr. Reinhard Kutscher is (...)

Finance 09/12/2019

Amsterdam's Y-Towers project set to start with €460m Union Investment financing

After a delay of nearly 18 months, construction is due to start in January on Y-Towers, one of Amsterdam’s most spectacular projects, in which (...)

Housing 07/10/2019

Berlin's Deutsche Asset One acquires €110m residential units for Union Investment

Berlin private manager Deutsche Asset One has acquired 270 residential and commercial units valued at around €110m on behalf of Union Investment institutional special (...)

Hospitality 04/10/2019

Union Investment pays €110m for two Munich hotel projects

Hamburg's Union Investment has signed a purchase agreement worth €110m with seller and developer Lambert Group for two hotel projects in Munich. The agreement covers (...)

Hospitality 01/10/2019

Germany's Union Investment eyes road ahead for hotel real estate in Europe

Business Immo: What role do hotels play in Union Investment's activity? Andreas Löcher: About 40 years ago, Union Investment was one of the first institutional investors to (...)

Logistics 18/09/2019

Union Investment pays €120m for German logistics portfolio

Germany's Union Investment is paying €120m for a 120,000 sqm logistics portfolio from domestic provider Trans Service Team as it seeks to double its (...)

Office 11/07/2018

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 (...)

Finance 19/06/2018

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 (...)

Housing 04/06/2018

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 (...)

Office 05/03/2018

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 (...)