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Union Investment Floats €250M RE Fund

Union Investments has rolled out a new real estate portfolio concentrating on residential properties in Berlin.

    Union Investmentshas rolled out a new real estate (RE) portfolio concentrating on residential properties in Berlin,PropertyEUreports. TheResidential Value fundhas already acquiredOrtlergärtenin Berlin-Steglitz from an unnamed French-listed real estate company.

    Union will handle the management and administration of the €250 million fund.Dupuis GmbH & Co. Asset-Managementwill be responsible for the portfolio and asset management of the fund.

    Click here for the story fromPropertyEU.

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