January 30, 2015 6:29 AM ET

Capital Markets

Company Overview of Union Investment Real Estate GmbH

Company Overview

Union Investment Real Estate GmbH is real estate investment firm specializing in making investments in budget and midscale hotel real estate, office properties, with an above-average location and operator concept. The firm focuses on new and innovative properties with long-term leases. It seeks to invest minimum of 60 percent in Germany, and the rest in France, Belgium, the Netherlands, Luxembourg, Austria, the United Kingdom, and Poland. Union Investment Real Estate GmbH is based in Hamburg, Germany with an additional office in New York, United States. It operates as a subsidiary of Union Asset Management Holding AG.

Valentinskamp 70 / EMPORIO

Hamburg,  20355

Germany

Key Executives for Union Investment Real Estate GmbH

Chief Operating Officer
Age: 45
Head of Investment Management International
Senior Investment Manager and Head of Americas
Age: 36
Chief Investment Officer
Compensation as of Fiscal Year 2014.

Union Investment Real Estate GmbH Key Developments

Bidders Reportedly Finalized For Grand Canal Square

JPMorgan Chase & Co. (NYSE:JPM), Hibernia REIT plc (ISE:HBRN) managed by W.K. Nowlan Property REIT Management Ltd, Union Investment Real Estate GmbH and Irish Life Group Limited are the final bidders for two buildings on Dublin's Grand Canal Square of Chartered Land Limited, Bloomberg reported citing sources.

Union Investment Real Estate GmbH to Acquire Office Building Dominikanski from Skanska

Union Investment Real Estate GmbH has agreed to acquire office building Dominikanski in Wroclaw, Poland from Skanska AB for EUR 117 million. The transaction is expected to close in the fourth quarter of 2014.

Union Investment Reportedly To Acquire Palladium

Union Investment Real Estate GmbH is reportedly looking to acquire Palladium from Hannover Leasing GmbH & Co. KG for approximately €570 million. Fabian Hellbusch, spokesman of Union Investment told Hospodarske noviny without elaborating that Union Investment is really interested in investing on the Prague office and retail market.

Similar Private Companies By Industry

Company Name Region
Globale Management GmbH Europe
Falcon Asset Management GmbH Europe
Collineo Corporate Finance GmbH Europe
SPF Partners GmbH & Co. KG Europe
Private Life Biomed AG Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 8, 2015
K2 Dolce Office Building Located Rue Borschette 2B-2C in the Kirchberg Office District
Merger/Acquisition
December 22, 2014
Mixed Use German Property Portfolio of 4 Assets
Merger/Acquisition
December 19, 2014
Office Building Dominikanski in Wroclaw
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Union Investment Real Estate GmbH, please visit www.union-investment.com/realestate. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.