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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Hamburg's Union Investment takes E2.6bn new capital in 2009, buys E1.6bn
Hamburg-based property fund manager Union Investment, part of the German cooperative banking system, acquired properties worth e1.6bn in 2009 and had net cash inflows of E2.6bn, its best sales year since 2003. UI funds now have holdings in over 26 markets in Europe, the Americas and Asia. It has been using its proprietary Sustainable Investment Check since the beginning of 2009, ruling out properties that fail to meet its standards. "Sustainability has become an established part of our investment strategy," said Chairman Reinhard Kutscher. (See upcoming PIE/PFE editions for full story)