BERLIN-Hamburg-based Union Investment Real Estate GmbH hasacquired an office/commercial building in central Berlin. Theinvestment management company has bought Neue Promenade 6, a33,798-square-foot property in downtown Berlin, from a private realestate investor for the DIFA-Fonds Nr. 3 special fund.

Neue Promenade 6 comprises 23,346 square feet of offices and5,629 square feet of retail and catering space. Immologie GmbHadvised Union Investment and HauckSchuchardt advised the vendor inthe deal. For the full story, go to Europe Real Estate .


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.