GLASGOW, UK-Hamburg-based Union Investment has bought G1, a fully leased premium property at George Square in Glasgow's business district. The real estate investment manager acquired the new building, which comprises approximately 131,319 square feet of rental space, for Unilmmo: Deutschland, an open-ended real estate fund that owns the Equinox office property in Glasgow.
Terms of the deal were not disclosed. The building, completed in 2010, has seven financially sound tenants. It is located beside Glasgow City Chambers. For the full story, go to Europe Real Estate .
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