Awards and ratings
Deal of the Decade Award for Pegasus
Trade journal PropertyEU recognised Union Investment with the Deal of the Decade Award for the best portfolio deal of the past ten years. The Pegasus portfolio comprised 54 properties and was sold in 2007 for EUR 2.56 billion to Morgan Stanley and IVG Immobilien. Pegasus remains one of the largest portfolio transactions ever carried out in Germany. In explaining its decision, the jury stated that the deal was “an example of perfect timing and good organisation of a complex transaction.”
Union Investment is Europe's strongest investor brand
In the latest brand rankings compiled by the EUREB Institute, Union Investment is number one among fund providers and investors. Both in Germany and Europe, Union Investment is the investor with the highest brand value. In the Real Estate Brand Study 2017, Union Investment scored particularly highly on international experience, active portfolio management, and transaction reliability.
ALIS Awards for two US hotels
Two hotel properties from Union Investment's real estate funds received the coveted ALIS Award in the US. The prizes went to the Courtyard by Marriott New York Downtown Manhattan/World Trade Center Area in the category "Development of the Year 2016" and the LondonHouse in Chicago in the category "Single Asset Transaction of the Year 2016". LondonHouse has been held by open-ended real estate fund UniImmo: Europa since the middle of last year. The Courtyard by Marriott New York Downtown Manhattan was acquired by Union Investment in December 2016 for its UniImmo: Global fund.
Current Scope rating: Union Investment and its funds continue to impress
Scope has recognised Union Investment's excellent asset management quality by awarding its real estate business the highest possible rating, AAA (AMR) (as at June 2017). It therefore maintains its excellent rating of the previous two years, with key factors in the assessment being a consistently strong international presence, an efficient process-based approach and success in growing its business with institutional investors as a strategic target group.
Union Investment's open-ended real estate funds for private and institutional investors once again achieved gratifying results in this year's industry rating by Scope Analysis (as at June 2017).