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31 May 2012
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Union buys Warsaw Plaza for E102m from IVG
Hamburg-based fund manager Union Investment Real Estate has acquired the Horizon Plaza office complex in Warsaw for its UniImmo Global fund for around E102m, the second property in the nation for this fund. The asset was developed by German listed group IVG, and is the largest commercial real estate transaction this year in Poland. (See upcoming PIE Editions for full story)


