Union Investment Real Estate

Author overview

About the company

Union Investment steht seit 60 Jahren für Verlässlichkeit, Nachhaltigkeit und konsequente Qualitätsorientierung im Asset- und Investmentmanagement. Mit einem verwalteten Vermögen in Offenen Immobilienfonds, Spezialfonds sowie Service- und Pooling-Mandaten von derzeit rund 55 Milliarden Euro ist Union Investment einer der größten Anbieter von Immobilienlösungen für private und institutionelle Anleger in Europa. Das Unternehmen investiert in die Bereiche Büro, Einzelhandel, Gastronomie, Logistik und Wohnen und hält weltweit rund 475 Immobilien in 24 Ländern in seinem Portfolio.

https://realestate.union-investment.com/

Company posts

Union Investment is leasing around 10,000 m² in the well-known “Seestern 3” office building in Düsseldorf

Union Investment has leased around 10,000 m² of space in Düsseldorf's "Seestern 3" to a global technology group. From Q2 2027, the 10-year contract for 9,666 m² of office, 179 m² of warehouse and 140 parking spaces will run; the property is fully let. Intermediary: Cushman & Wakefield.

DealsReal Estate
Die Bürogebäude STEP 8.3 und STEP 6 im Stuttgarter Engineering Park, Teil des Immobilienportfolios von Union Investment.

Office tenants extend and expand in Stuttgart’s STEP Technology Park

Union Investment has signed three leases for a total of 3,517 m2 at the Engineering Park STEP in Stuttgart. GEBIT Solutions expands to 1,807 m2 (10 years), X_Conducting leases 855 m2 (5 years), RSE+ extends 855 m2 (5 years).

DealsReal Estate
EMPORIO Tower in Hamburg, Außenansicht des Bürogebäudes.

Union Investment leases 7,566 m² in Hamburg’s EMPORIO Tower to Deutsche Bank

Union Investment is leasing 7,566 m² of office space in Hamburg's EMPORIO Tower to Deutsche Bank. The move-in is planned for March 2027. The lease initially runs for five years with an option to extend.

DealsReal Estate
Union Investment verkauft Hotel „Hilton Garden Inn“ in Innsbruck an den aktuellen Betreiber

Union Investment sells hotel “Hilton Garden Inn” in Innsbruck to the current operator

Union Investment has sold the "Hilton Garden Inn" hotel in Innsbruck to Schiehser Hotels. The property remains under the Hilton Garden Inn brand; the purchase price was not disclosed. Previously, Union Investment invested around EUR 4 million in modernisation.

DealsReal Estate
Das ehemalige Mövenpick Hotel an der Frankfurter Messe, zukünftiges Scandic Hotel.

Scandic opens third hotel in Frankfurt – Long-term lease agreement with Union Investment

Scandic has signed a long-term lease agreement with Union Investment for a hotel at the Frankfurt Trade Fair. The hotel, which has been part of the fund portfolio since 2008, will be repositioned and reopened in 2027 – with 296 rooms, restaurant, bar, terrace and conference space.

Deals
Gruppenfoto bei der Grundsteinlegung des Projekts Quartier Wandsbek Markt in Hamburg mit Vertretern von Union Investment, Politik und Handwerkern.

Laying of the foundation stone for “Quartier Wandsbek Markt” in Hamburg

Union Investment has celebrated the laying of the foundation stone for the transformation project "Quartier Wandsbek Markt" with Hamburg's Senator for Finance and District. According to the B-Plan, new construction and additions will start: 126 apartments plus office and retail space. Completion at the end of 2028.

DevelopmentsReal Estate
Kållered Retail Park in Göteborg mit angrenzendem IKEA Gebäude und großem Parkplatz.

Union Investment acquires retail park in Gothenburg

Union Investment has acquired the approximately 19,400 m2 Kållered Retail Park in Gothenburg for around EUR 80 million and incorporated it into UniImmo: Deutschland. It is the first purchase of the mutual fund in three years. The fully let property strengthens returns and sustainability goals.

DealsReal Estate
Luftbild des Steigenberger Grandhotel mit Außenpool und Terrasse, Gäste sitzen unter Sonnenschirmen.

Hotel valuation report – German hotel industry benefits from domestic tourism – real estate values increase moderately

bulwiengesa and Union Investment see a moderate increase in the value of German hotel properties of around 2.8% in 2025. The investment-relevant market volume grows to EUR 66.1 billion; Transactions add up to EUR 1.9 billion. Conversion and transformation projects continue to gain relevance.

MarketsReal Estate
Copyright: Union Investment 

Union Investment sells retail property in New York

Union Investment and Nuveen Real Estate have sold the 1511 Third Avenue retail property in Manhattan to Stockbridge. Financial details remain confidential; the fully let property (1,625 square metres) is leased to Gap and Equinox, among others.

DealsReal Estate
Außenansicht des Einkaufszentrums Limbecker Platz in Essen mit einzigartiger Metallfassade.

“Limbecker Platz” in Essen: Successful repositioning is having an effect

Union Investment and ECE have restructured the once 19,000 m² Galeria space in Essen's Limbecker Platz and let it almost completely. Four out of five units are occupied, around 50% are open; new tenants include: P&C* Düsseldorf, Intersport, Netto, Lager 157.

DevelopmentsReal Estate
Weltkarte mit Global Retail Attractiveness Index für das 1. Quartal 2026, Europa mit dem höchsten Wert (115 Punkte), Vergleich zu Nordamerika und Asien.

Retail Index confirms resilience of the European retail market

The GRAI of Union Investment and NIQ-GfK confirms Europe's top position: EU-15 scores 115 points in Q1/2026, ahead of North America (99) and APAC (97). Despite weaker sentiment, trading remains robust; The frontrunners are Poland (136), the Czech Republic (126) and Portugal (123).

MarketsReal Estate
Das Einkaufszentrum Fountains of Boynton in Boynton Beach, Florida mit Sicht auf das Eingangsgebäude und Palmen.

Union Investment sells Fountains of Boynton shopping centre in the USA

Union Investment has sold the "Fountains of Boynton" shopping center in Boynton Beach, Florida. The price remains confidential and is higher than the most recently determined expert value. The sale reduces the US stake in UniImmo: Europe and improves liquidity; CBRE advised.

DealsReal Estate
140 Broadway. Copyright: Union Investment 

Union Investment leases 1,100 m² of office space in New York City to Athena Club

Union Investment is leasing around 1,100 m² in the 140 Broadway office tower to Athena Club. The eight-year contract starts in June 2026. The company is thus doubling its space in the modernised building of the UniImmo Fund: Europe.

Deals
Luftaufnahme von zwei modernen Logistikhallen im City-Logistik-Hub in Nürnberg, vermietet an TOGE Dübel durch Union Investment.

Union Investment leases the first two logistics halls of the new city logistics hub in Nuremberg

Union Investment has leased the first two logistics halls of the new city logistics hub in Nuremberg to TOGE Dübel, thus allocating 5,046 m². The handover is planned for September 2026, and the completion of the halls for January 2027. The almost fully electrified hub resulting from the Meister Areal covers around 26,700 m²; Union Investment is investing around EUR 60 million in this project through the UniInstitutional German Real Estate fund.

DealsReal Estate
Büro- und Geschäftshaus The Precedent mit moderner Glasfassade in Brüssel

Union Investment leases two floors of the Brussels office and commercial building “The Precedent” to Industrious

Union Investment has leased the first and second floors of the Brussels office and commercial building The Precedent to the flex office provider Industrious on a long-term basis. The lease for around 2,000 m² runs for twelve years, and the move-in is planned for September 2026. The extensively refurbished and energy-efficient building complies with BREEAM Outstanding and WELL Gold, among others.

DealsReal Estate
Büroensemble Prinzregentenplatz 7–9 in München, verkauft an CONREN Land

Union Investment sells office property in Munich to CONREN Land

Union Investment has signed an agreement to sell an office property in Munich to CONREN Land. The transfer of benefits and burdens is planned for the end of June 2026. The sales price exceeds the appraisal value.

DealsReal Estate
EMPORIO Tower in Hamburg (Foto: Copyright: Union Investment)

Union Investment has signed leases for 4,855 m² in Hamburg’s EMPORIO Tower

Union Investment has signed two leases in the EMPORIO Tower in Hamburg for a total of 4,855 m². Nord Event GmbH extended its contract early, while CBRE moves to higher floors.

DealsReal Estate
Bürogebäude Audessa in Lyon Part-Dieu Copyright: Union Investment

Following successful repositioning: Union Investment leases 2,112 m² to Caisse des Dépôts in Lyon Part-Dieu

Union Investment is leasing 2,112 m² of office space in Lyon Part-Dieu to Caisse des Dépôts. The building was renovated according to the highest technical and ecological standards.

DealsDevelopments
Bild

Union Investment sells Copyright Building in Central London to Ares

Union Investment has sold the Copyright Building in London to Ares. The sale offers new opportunities for investment in London.

DealsReal Estate

Union Investment gains two new tenants in Munich

Union Investment has signed two new leases on the Neue Balan campus, Building 27. Bonago Incentive Marketing Group GmbH and Bittner & Krull Softwaresysteme GmbH have signed long-term leases, which means that the property is 98 percent let.

DealsReal Estate
Fachmarktzentrum Sisjö Entré in Göteborg (Copyright: Panreal)

Union Investment sells retail park in Gothenburg

Union Investment has sold the Sisjö Entré retail park in Gothenburg to the Swedish real estate company Bygg-Göta. The sale is part of the strategic rejuvenation of the real estate portfolio. The proceeds are to be reinvested in food-anchored retail parks.

DealsReal Estate
Gewerbepark Stadlau in Wien (Copyright: Sintwerk GmbH)

Union Investment acquires retail park in Vienna from Nextensa

Union Investment has acquired the Stadlau industrial park in Vienna from the real estate company Nextensa for EUR 36 million. The acquisition increases Union Investment's real estate assets in the Austrian retail sector to over 20 properties worth around EUR 500 million.

DealsReal Estate
Bürogebäude Montes Urales I in Mexiko-Stadt (Montes Urales I)

Union Investment has sold two office buildings in Mexico City

Union Investment has sold the Montes Urales I and III office buildings in Mexico City to Inmofin. The sale took place after 17 and 16 years in the portfolio.

DealsReal Estate
Büroturm Torre Oriente in Lissabon (Copyright: Union Investment)

Union Investment sells “Torre Oriente” office tower in Lisbon

Union Investment is selling the 'Torre Oriente' office tower in Lisbon to a joint venture between Sonae Sierra and Bankinter Investment. The sale price is higher than the most recent valuation and the transaction is expected to close by the end of 2025.

DealsReal Estate
Quelle: Union Investment Real Estate

Retail Index: European retail environment experiences significant upswing

Highest level since 2018, with Poland, Spain and Portugal as the new top trio in the EU-15 index.

MarketsReal Estate
Palladium. Prag Credit: Union Investment

Union Investment sells palladium shopping centre in Prague

The Hamburg-based real estate investment manager thus completed the largest real estate transaction ever carried out on the Czech market. At the same time, the sale marks the largest single-asset transaction in the retail sector carried out in the CEE region this year.

DealsReal Estate
Copyright: Reddstone/ MVSA Architects, VMX Architects, Delva Landscape Architects

Union Investment acquires six new office tenants in Amsterdam

Union Investment acquired the quarter on Amsterdam's southern axis in 2021 as a project development and invested around 400 million euros.

DealsReal Estate
Andreas Löcher, Leiter Investment Management Operational bei Union Investment 

13th Investment Barometer by Union Investment and HospitalityInside: Subdued expectations, polarising trends

The situation in the German hotel investment market is complex, and the mood is differentiated. While the prospects for their own companies and the industry as a whole are improving slightly compared to the previous year, the revenue development of the hotels is uncertain. The polarization of trends is intensifying.

Real EstateMarkets
Copyright: Union Investment

Union Investment acquires new logistics building in France

Return to the buy-side with institutional funds. Current market opportunity used for further development of the portfolio.

DealsReal Estate
Park Plaza „Wallstreet“ in Berlin

Union Investment sells hotel in Berlin to the German Civil Service Association

Union Investment has sold the Park Plaza "Wallstreet" in Berlin to the German Civil Service Association. The sale price is around 36 million euros. It is significantly higher than the most recently determined expert value.

DealsReal Estate
Texas Capital Center

Union Investment sells Texas Capital Center office property in Dallas

With the sale of the Texas Capital Center, which was acquired in 2016, Union Investment is realising a significant increase in value. The transaction supports the diversification strategy of the globally oriented real estate fund UniImmo: Global.

DealsReal Estate
4+5 Grand Canal Squarem Dublin

Union Investment starts with the conversion of the former Meta headquarters in Dublin

The 4+5 Grand Canal Square office complex is being redesigned with an investment volume of around 70 million euros. The property is part of the UniImmo: Europa portfolio.

DevelopmentsDevelopmentsReal Estate
Centre d’Affaires Paris Trocadéro

Union Investment sells Centre d’Affaires Paris Trocadéro to Blackstone

Union Investment and Blackstone today announced that funds associated with Blackstone Real Estate will acquire the Centre d'Affaires Paris Trocadéro, a mixed-use property in the 16th arrondissement of Paris.

DealsReal Estate
Limbecker Platz

Further large-scale lettings in the Limbecker Platz shopping centre in Essen

Swedish fashion concept Lager 157 rents around 3,000 m² on former Galeria space

DealsReal Estate
Lohhof Quartier

Transformation started: B&B HOTELS opts for Unterschleissheim office location

International office tenants welcome addition of new hotel offer to the Lohhof Quartier

DealsReal Estate
Foto: Union Investment

Union Investment sells “Urban Villas” residential complex in Amsterdam to MEAG

Four residential buildings with a lettable area of around 12,310 m² from the UniImmo: Global portfolio.

DealsReal Estate
Foto von Francesco Ungaro

Hotel valuation report: German hotel industry on the upswing – real estate values exceed pre-Corona level

The German hotel investment market has achieved a turnaround. The first half of 2025 shows positive market dynamics and the half-year transaction volume for hotel properties is significantly higher than the level of the past four years.

MarketsReal Estate
Courtyard by Marriott München City

Union Investment sells hotel in Munich

Courtyard by Marriott München City Center goes to Blue Coast Capital. Property from the UniImmo portfolio: Europe.

DealsReal Estate
Finsbury Circus House, London

Union Investment sells Finsbury Circus House office property in London to joint venture between Aware Super and Delancey

The off-market sale of the Finsbury Circus House office property by Union Investment is likely to have a signal effect.

DealsReal Estate
Bürofläche in Bonn-Hardtberg

Union Investment extends and expands lease agreement with HIL in Bonn-Hardtberg

Union Investment has extended the lease agreement with HIL Heeresinstandsetzungslogistik GmbH for around 8,680 m² of office space in Bonn-Hardtberg by ten years and leased a further 2,170 m² for ten years.

DealsReal Estate
Geschäftshaus „The Precedent“ in Brüssel

Union Investment completes modernisation of The Precedent office and commercial building in Brussels

The building, which was built in 1988 and is getting on in years, has been completely renovated and expanded. According to a design and under the direction of the architectural firm YUGENING, a modern and sustainable property has been created.

CasesReal Estate
QBC3 Wien

Union Investment sells QBC3 office building in Vienna to ATL Immoinvest Group

The building, which was completed in 2017, was acquired in 2016 as a project development for the portfolio of the open-ended real estate fund UniImmo: Global.

Deals