Union Investment buys Hofgarten Palais for EUR 60m
Union Investment Real Estate has signed an agreement to acquire Hofgarten Palais in Düsseldorf from Europa Capital for about EUR 60 mln. The 14,000 m[sup]2[/sup] office development was carried out by Luxembourg-based subsidiaries of Europa Fund II and was purchased by Union Investment for its open-ended property UniImmo: Europa.
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