Union Investment Real Estate opens an office in London

Union Investment Real Estate opens an office in London

Photo Credit © Reuters

(Boursier.com) – Union Investment Real Estate GmbH is strengthening its direct presence in the heart of the major European real estate markets. Last week, the Hamburg asset manager opened its sixth location outside Germany: hosting a representation in London on the same model as the French subsidiary created in 2011.

The goal of Union Investment Real Estate is to form a multi-disciplinary team capable of managing the entire life cycle of a real estate asset in London. The first three members of the London office are thus local investors and asset managers.
Their area of ​​expertise includes the real estate markets in the United Kingdom and Ireland, areas where Union Investment currently manages assets worth around 3 4.3 billion. Since Brexit, Union Investment has invested 1. 1.4 billion in London and across the United Kingdom, while Ireland’s portfolio has grown significantly over the past two years, thanks to the acquisition of offices and housing. Buildings dedicated to logistics activities.

“The capabilities of this top-tier team, along with an in-depth knowledge of local markets, enable us to look to the future with the best of our nearly 30 years of success and seven years of experience in Ireland.”

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