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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 acquires four-star hotel by Spanish brand Meliá in Aachen
Following the acquisition of the Meliá Berlin, Union Investment has secured another high-yield hotel property by Spanish hotel brand Meliá for one of its institutional real estate funds. The developer and seller of the Innside by Meliá Aachen is HPG Hotel Aachen GmbH & Co. KG, a limited partnership, one half of which is owned by HPG Property Group and the other half by Cebus GmbH & Co. KG. The purchase price was not disclosed. The new-build hotel, which is scheduled for completion in mid-2016, is fully let on a 20-year lease to Sol Meliá Deutschland GmbH, a wholly-owned subsidiary of the Meliá Hotels International group.
Union Investment retail property fund acquires shopping centre in Poland
UII Shopping Nr. 1 now fully invested with eight properties worth around EUR 526 million: Union Investment has acquired Ferio Konin, the market-leading shopping centre in the central Polish city of Konin, which has a catchment area of around 360,000 people. This is the eighth property acquisition for the institutional thematic fund UII Shopping Nr. 1 since it was launched in 2011. The open-ended special real estate fund is now fully invested, with total assets worth around EUR 526 million.