Union Investment

Union Investment is a leading international investment company specializing in open-ended real estate funds for private and institutional investors. Union Investment has assets under management of €19.3 billion in seven real estate funds.

Established in 1965, Hamburg-based Union Investment Real Estate GmbH is the specialist for private real estate investment within the Union Investment Group. Its sister company, Union Investment Institutional Property GmbH, focuses on real estate investment for institutional customers.
Private investors account for 16.3 billion euros across three retail funds. Currently Union Investment’s institutional business comprises an institutional fund and three special funds with a total volume of 2.9 billion euros.

Portfolio

The portfolios of Union Investment’s open-ended real estate funds comprise some 305 properties and projects in Germany, other European countries, the Americas and Asia. Within the commercial real estate sector, Union Investment is active as an institutional investor, developer and landlord.

Diversification

Union Investment is increasingly leveraging the opportunities that arise from different property cycles around the world. 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 investing in logistics properties, 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 25 properties with a current market value of €1.5 billion. Some € 5 billion is invested in 32 shopping centres in Germany, Austria, Belgium, Poland, Italy, Spain and Turkey.

Consequent Growth

Since 2002, the company has expanded into 22 new markets, including Chile, Mexico Singapore and Malaysia. Active in the property investment business for 45 years, Union Investment today operates in 26 countries around the world, with approximately 60% of property assets located in countries outside the domestic market. In 2010 Union Investment was one the most active European buyers purchasing 24 properties with a total investment of more than €1,6 billion.

Sustainable real estate investment

Sustainable real estate investment is an integral part of Union Investment’s business strategy. Step by step, we are moving closer to our objective of achieving a sustainably optimised portfolio. Since the beginning of 2009, Union Investment has used its own proprietary method to assess the sustainability of real estate investments.
The Sustainable Investment Check helps us to systematically analyse both existing properties and potential acquisitions in terms of their sustainability. Our high-quality portfolio already includes 20 certified sustainable properties and projects with a market value of some EUR 2.5 billion.

We are the first German real estate fund provider to have properties certified for sustainability across all usage classes – office space, retail outlets, logistics space, hotel accommodation and urban ensembles.

Held every two years, the Prime Property Award organised by Union Investment recognises investors throughout Europe whose exemplary projects incorporate sustainability factors in the development and refurbishment of commercial and residential buildings. It is the first competition to focus on property investment that is commercially successful while also making an important contribution to climate and environmental protection, as well as the sustainable development of the urban environment. The prize was awarded for the second time at EXPO REAL in October 2010. The third competition is launched since September 2011. Apply now !

www.prime-property-award.com

Stand : 31.10.2011