Company’s activity
Union Investment rejuvenate property assets and improve the sustainability of the portfolio with profitable project completions. Both users and investors benefit from this strategy. In recent months, we have sold numerous properties, primarily to reduce the average age of the portfolio and generate additional liquidity. The current additions raise the portfolio to a new level of quality, and not just because of the excellent locations. With features such as flexible floor plans, timber hybrid structures and modern ventilation and heating systems, they meet today's user requirements in terms of efficiency, comfort and sustainability, thereby ensuring a stable cash flow.

A total of 21 completed projects will be added in 2024. They rejuvenate the portfolio - a good starting point for the beginning of the cycle. With one exception, the current projects are all being realised in Europe, but are broadly diversified: in addition to Germany, the Netherlands, Finland and Ireland are among the investment priorities. Other projects are located in France, Belgium, Italy and Denmark. The majority of the new projects are secured by rental guarantees, with pre-letting rates averaging over 60 per cent.

Company Profile
Union Investment is a leading international investment company, providing customised real estate solutions for private and institutional clients. Union Investment currently has assets under management totalling around €56.4 bn across 44 actively managed funds and in several service and pooling mandates. Established in 1965, Hamburg-based Union Investment Real Estate GmbH is the specialist for private real estate investment within the Union Investment Group. Its sister company, Union Investment Institutional Property GmbH, focuses on real estate investment for institutional customers. The portfolios of Union Investment’s open-ended real estate funds comprise 490 properties and projects in Europe, the Americas and Asia Pacific.