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Union starts $655 mln institutional German property fund

Posted on 19 October 2012

Union Investment GmbH, Germany’s second-largest property fund manager, started a 500 million-euro ($655 million) fund to buy offices, shops and hotels.
The UniInstitutional German Real Estate, aimed at institutional investors, will acquire properties valued at about 20 million euros to 50 million euros, the company said……………………………………….Full Article: Source


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