First office property in Tokyo for Union Investment (DE/JP)

Union Investment Real Estate AG grows its portfolio in Tokyo shortly after having purchased six residential buildings in 2007. The Hamburg-based investment management company announced today that it has completed its first office property deal in Japan.

Union Investment Real Estate AG has signed binding agreements to acquire the Shiomi-Koyama Office building - an 11-story office building in Tokyo. The acquisition marks an investment of over JPY 20 billion (approx.

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