In October, Credit Suisse (Deutschland) AG moved into its new offices in a prime site in downtown Hamburg. The company is renting approx. 1,000 sq m at Alstertor 17, a listed and completely renovated office building with roof terrace located in the heart of the city's office and financial district.
On 28th October 2007 Multi Turkmall and Union Investment opened Forum Mersin Shopping and Lifestyle Centre, the largest retail project of 71,500 m2 in the Mediterranean region in Turkey. The Hamburg based Union Investment Real Estate AG fully funded the development of the scheme and acquired Forum Mersin which is a landmark in the city of Mersin for its open-ended real estate fund UniImmo: Global in April last year.
Architects MRLV (Markovic, Ronai, Voss) have won first prize in the architectural competition to find an infill blueprint for the site of the Central Plaza Hamburg office block in Hamburg's Neustadt area.
Reinhard Kutscher, chairman of the management board of Union Investment Real Estate AG since June 2007, spoke to Places & spaces - the real estate magazine of Union Investment - about the company's international realignment, the reform of the German Investment Act, and the prospects for open-ended real estate funds
Union Investment Real Estate AG has acquired the UN Studio office project in Amsterdam for its UniImmo: Europa fund in a transaction worth a total of around EUR 141.4 million.
Union Investment Real Estate AG has acquired the Da Vinci office building in Rue Lou-Hemmer near Luxembourg airport for its UniImmo: Europa open-ended real estate fund.
The German capital investment company Union Investment Real Estate AG has today successfully completed the sale to Arab Investments of its interest in The Pinnacle which will allow the next phase of development for the City's tallest building to proceed.
DEVELOPMENT PARTNER AG, a company specialising in retail properties in sought-after downtown locations, will join Union Investment Real Estate AG to hold a topping out ceremony for the retail/office development at Obere Königsstrasse 30 in central Kassel on 26 April 2007.
The last available office space at the Fünf Höfe (Five Courtyards) CityQuartier development in Munich has recently been let to patent lawyers and a consulting firm.
Union Investment Real Estate AG has today successfully exchanged contract with The Pinnacle Limited, an off shore investment vehicle sponsored by Arab Investments Limited, for the sale of its interest in The Bishopsgate Tower.
Union Investment Real Estate AG (formerly DIFA AG) has signed a lease with Sage Software GmbH & Co. KG for 5,100 square metres of office space in its Y2 property in Frankfurt-Heddernheim, in a deal brokered by commercial real estate consultants Colliers Schön & Lopez Schmitt.