Union Investment invests in Munich (DE)

Union Investment Real Estate AG has purchased two office buildings in Munich for its UniImmo: Deutschland open-ended real estate fund. The company has acquired Laim290 from Vivico Real Estate AG in a transaction worth around €30 million. The deal was brokered by ATIS REAL. The Pfisterstock office/commercial building in the Alter Hof complex in Munich was also purchased, with the vendor being Bayerische Hausbau GmbH. The deal was brokered by CB Richard Ellis.

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