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We specialise in real estate investment and have holdings in 24 countries. This benefits our customers in Germany, as well as our partners worldwide. more information...
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Union Investment sells Äppelallee-Center in Wiesbaden to Pradera fund
After a five-year holding period, Union Investment has sold the Äppelallee-Center retail property owned by its open-ended real estate fund UniImmo: Deutschland. The property was acquired for the Pradera Open-Ended Retail Fund, an open-ended special AIF which is administered by IntReal as a real estate Service KVG. The sale price is approximately EUR 82 million.
Union Investment enjoys record year for hotel investments
Seven hotel transactions completed worth EUR 500 million: Union Investment Real Estate GmbH can look back on a record year for hotel investments. The Hamburg-based property investment manager was one of Europe’s top purchasers in the hotel asset class in 2015, with six acquisitions and one sale representing a total transaction value of EUR 500 million. The new acquisitions for the company's retail and special funds range from the Holiday Inn in Warsaw and andel’s conference hotel in Berlin to the Godfrey Hotel in Boston, Union Investment’s first ever hotel acquisition in the US.