Hamburg-based Union Investment said its L'Unico and Pixel project developments in Luxembourg were completed on schedule at the end of 2007 after a 15-month construction period. The company said the two mixed-use projects, acquired in 2006 for its open-ended real estate fund UniImmo: Europa, are now operational.
Hamburg-based Union Investment said its L'Unico and Pixel project developments in Luxembourg were completed on schedule at the end of 2007 after a 15-month construction period. The company said the two mixed-use projects, acquired in 2006 for its open-ended real estate fund UniImmo: Europa, are now operational.
Around 80% of the 9,100-m2 L'Unico building has been let, while the 7,300-m2 Pixel is fully let, Union said.
L'Unico was built by Belgian developers Construction & Investment Partners (CIP), while the company behind Pixel was Atenor Groupe, also based in Belgium.
