Union Investment is a leading international investment company, providing customised real estate solutions to meet the requirements of private and institutional asset allocation. Union Investment currently has assets under management totalling around €44.8 bn in actively managed funds and €10.1bn in service and pooling mandates.
Established in 1965, Hamburg-based Union Investment Real Estate GmbH is the specialist for private real estate investment within the Union Investment Group. Its sister company, Union Investment Institutional Property GmbH, focuses on real estate investment for institutional customers.
Investment principles & strategy
For 60 years, Union Investment has stood for reliability, sustainability and a consistent focus on quality in asset and investment management. With assets under management in open-ended real estate funds, special funds and service and pooling mandates currently totalling around €55 bn, Union Investment is one of the leading providers of real estate solutions for private and institutional investors in Europe. The company invests in office, retail, hospitality, logistics and residential properties and has a portfolio of about 475 properties in 24 countries around the world.
To spread risk and enhance performance, the company has a strict policy of investing in a mix of uses, regions and property sizes. Office properties are a key focus of the portfolio with €37.3 bn invested in 233 properties. The company’s hotel portfolio consists of 90 properties with a total value of €7.3 bn. Some €8.6 bn is invested in 81 retail properties across 16 European countries.
For many years, Union Investment has had a strong focus on sustainable real estate. We consider sustainability in terms of cost efficiency, user comfort, location and construction quality, as well as energy efficiency. Sustainability thus becomes a quantifiable factor, which we track through collecting data on individual properties and entire portfolios. We operate a portal on sustainable real estate investment that showcases the latest trends and provides essential background information. Union Investment’s holdings today incorporate some 167 properties with national or international certificates for sustainable building with a current market value of €22.3 bn.
Since 2012, the company has expanded into the infrastructure space with a renewable energy fund. Since 2020, Union Investment has expanded its strategic position in key residential property markets outside the DACH region, such as Amsterdam, Dublin and Helsinki.
Strategic corporate development
Union Investment aims to progressively expand its product range for institutional customers by creating more special funds for bundling indirect property investments and providing property administration services. The strategic corporate development is building on:
- Individual product solutions
- Modular service packages (from vehicle only to full service offering)
- Solutions compliant with German or Luxembourg law
- Professional asset management
- Holistic and proactive portfolio management
- Robust risk management standards
- Transparent best-in-class processes
- Comprehensive reporting.
