1. TEN to 50
Office properties remain the core component of our commercial real estate portfolio. In addition to high-value buildings, we now increasingly invest in smaller office properties in the EUR 10 to 50 million range, with a preference for the DACH region. The reason behind our TEN to 50 campaign is that our real estate funds for institutional customers have ambitious growth objectives.
2. Logistics in Europe
Union Investment has been investing in logistics properties for a number of years now. We currently hold 23 properties worth a total of approximately EUR 1 billion at locations in Germany and Switzerland. We want to at least double our logistics exposure over the coming years by acquiring individual properties and portfolios in other core European markets.
3. Retail parks with reliable cash flow
Union Investment’s acquisition strategy covers all types of retail property. This year, we are focusing in particular on grocery-anchored retail schemes because this property type is an excellent fit with our real estate funds for institutional customers. Alongside Germany and Austria, the Benelux and Nordic countries offer attractive investment prospects.
4. Hotels in France
France is the third largest hotel investment market in Europe and until now has only featured in our portfolio with two properties. We want to change that because we find the strengths of the French hotel markets compelling – that applies not just to Paris, but also to the regional markets. Our hotel portfolio currently has a strong focus on Germany and the US. Opportunities in France and other European and non-European core markets are therefore particularly attractive for us.
5. A benchmark for sustainability
There are a whole host of sustainability labels in the real estate world. But not a single label is aligned with the Paris Agreement targets for the period up to 2050. We want to change that by launching a new label. Within the context of our Manage to Green strategy, it will indicate the extent to which a property or a portfolio is already “managed to green”. We will be unveiling the new label at EXPO REAL.
You can find out more about Union Investment’s presence at EXPO REAL here: https://realestate.union-investment.com/mainpage.html