Netherlands: Union Investment acquires new office building First Rotterdam for institutional fund (NL)

Realopedia Global Real Estate Portal

Union Investment has reinvested some of the proceeds from the Aqua portfolio sale in Rotterdam on behalf of its institutional real estate fund UniInstitutional Real Estate. After selling the Las Palmas office building, its only property in Rotterdam, in January 2016 as part of the Aqua portfolio, Union Investment has now re-entered the Dutch core market by acquiring the First Rotterdam development project for the fund.

Read more on: europe-re.com

Source : Netherlands: Union Investment acquires new office building First Rotterdam for institutional fund (NL)