European real estate investors calculate returns of 3 to 5 percent

Union Investment has extended the lease with its current tenant teleffekt.

Gesellschaft für Direkt-Marketing mbH for 1,567 sq m of office space in Düsseldorf’s Global Gate III by five years ahead of schedule. The ten-storey office building has been part of the portfolio of the open-ended mutual property fund immofonds 1, which is distributed exclusively in Austria, since 2017.


You can now read the full press release at the link below