Union Investment Real Estate AG

Union Investment Real Estate AG is a leading international investment management company specialising in open-ended real estate funds for private and institutional investors. Assets under management amount to EUR 14.0 billion. The portfolios of Union Investment’s open-ended real estate funds comprise some 160 properties and projects in Germany, Europe, the Americas and Asia. Within the commercial real estate sector, the Hamburg-based company is active as an institutional investor, developer and landlord.

Union Investment is increasingly leveraging the opportunities that arise from different property cycles around the world, focusing on the North American and Asia Pacific markets in particular. To spread risk and enhance performance, the company has a strict policy of investing in a mix of uses, regions and property sizes.

Investments in city-centre office space and business parks are the mainstay of the company’s investment strategy. In addition, Union Investment is increasingly investing in logistics facilities, shopping centres and business hotels in selected locations that offer the prospect of attractive returns over the medium and long term.

The company’s hotel portfolio consists of 17 properties in major European cities with 5.300 rooms and a current market value of EUR 1.3 billion.

Within the last two years, the company has expanded into thirteen new markets, including Hungary, the Czech Republic, Mexico, Chile, Malaysia, South Korea and Japan. Active in the property investment business for over 40 years, Union Investment Real Estate now operates in 22 countries around the world, with approximately 60% of property assets located in countries outside the domestic market.

In international markets, the company operates through its own offices and subsidiaries in Madrid, New York and Singapore. In addition, Union Investment Real Estate continues to expand its network of international partners. On the development side, the company is increasingly seeking to cooperate with other market players and investing in projects initiated by third parties.