Union Investment
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German fund targets US PRS
The deal adds some 476 homes to Union Investment’s new US portfolio
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German investors return to City office market in droves
Low yields and close proximity to Germany have brought in £847m already this year
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Union Investment takes full ownership of Watermark Place
Purchase of Oxford Properties 50% stake made on behalf on Union’s open-ended fund
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Deutsche Asset One and Union Investment make €300m resi play
Deutsche Asset One is targeting a further €500m in investment this year
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Union appoints new chairman
Union Investment Real Estate has promoted chief operating officer Jörn Stobbe to chairman.