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  • StadtCenter Düren
  • Highstreet-Objekt Philadelphia
  • Riviera Gydnia

Significant expansion of investment reach

Union Investment’s expertise around buying and selling retail properties is brought together in a dedicated Investment Management Retail team. The team’s remit covers the entire spectrum of retail assets in Europe and North America, backed by an expert understanding of retail and in-depth knowledge of the real estate sector.

Growth through a broad acquisition spectrum

Union Investment’s Investment Management Retail team covers the full range of retail properties. It pursues strategic acquisition of retail/commercial buildings, retail parks and shopping centres. A strong and expanding retail portfolio in Europe is complemented by transactions in North America. Other overseas markets may follow in the future.

Numerous successful transactions have enabled us to build a close network of partners in the retail sector, including major portfolio holders, developers and retail property operators. Clear criteria dictate the acquisitions strategy.

Investment criteria retail

  • Urban retail properties: in prime locations and pedestrian zones in areas with a population of 100,000 plus, with a value of EUR 15 million and above
  • Retail parks: very well positioned properties with a minimum size of 5,000 sq m and a value of EUR 10 million and above
  • Shopping centres: with financially strong tenants, 25,000 sq m or larger, catchment area of at least 250,000 people, from EUR 30 Million upwards
  • Development projects and existing buildings
  • Can include taking on letting risk
  • No properties with limited suitability for third-party use

Insight into our acquisition profile for retail properties

Major new additions to the portfolio

Our latest transactions offer the best proof of our expertise. In addition to our first acquisitions in the US, we have also expanded our European retail portfolio to include even more attractive properties.
 

Magnolia Park Breslau

Acquisition: Magnolia Park

The Magnolia Park shopping centre comprises some 100,000 sq m of retail space. Including 241 stores the property is the central shopping destination in the Wroclaw region.
Fund: UniImmo: Europa

Fuencarral 16 Madrid_2400x1350

Acquisition: Fuencarral 16

The property offers 1,320 sq m of rental space in one of Madrid's main shopping street Calle de Fuencarral. The asset is leased to H&M Group and used as a flagship-store for the popular COS brand.
Fund: UniInstitutional European Real Estate

Acquisition: Urban Retail Portfolio

The Urban Retail portfolio includes four retail properties in the US - in New York, Philadelphia and San Francisco. Union Investment has acquired a 49 percent share in the portfolio.
Fund: UniImmo: Global

Sale: Area Sur Jerez

After nearly 12 years in the portfolio, the Area Sur shopping centre in Jerez de la Frontera was sold to a joint venture of Axa and Sonae Sierra. The property has renting space of around 47,000 m2.
Fund: UniImmo: Europa

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Get in touch with our Investment Management team

Henrike Waldburg

Henrike Waldburg

Head of Investment Management Global

Head of Investment Management Retail

+ 49 40 34919 4154
henrike.waldburg@union-investment.de

 

The following may also be of interest

UII Shopping Nr. 1

Special fund: UII Shopping Nr. 1

With UII Shopping Nr. 1, Union Investment offers institutional investors a specific fund solution for investing in European shopping centres and retail parks.
 

Asset Management

Asset Management Retail

For a retail property to generate stable long-term rental income, the proposition must remain compelling and continue to excite customers. Union Investment’s Asset Management Retail team plays an active role in making this happen.