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Union Investment Real Estate GmbH

Housing 03/04/2019

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 (...)

Housing 18/03/2019

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 (...)

Finance 04/03/2019

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 (...)

Housing 14/02/2019

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 (...)

Housing 14/02/2019

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 (...)

Finance 30/01/2019

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 (...)

Office 25/01/2019

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 (...)

Office 05/12/2018

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 (...)

Housing 29/11/2018

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, (...)

Finance 15/11/2018

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 (...)

Housing 16/10/2018

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 (...)

Housing 12/10/2018

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 (...)

Housing 10/10/2018

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 (...)

Hospitality 05/10/2018

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 (...)

Office 02/10/2018

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 (...)

Housing 06/09/2018

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 (...)

Finance 03/08/2018

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, (...)