Union Investment has acquired the Chinon Center in Hofheim near Frankfurt for its UniImmo: Europa open-ended real estate fund from developer MIB, the Hannover-based open-ended fund manager confirmed. The building, which opened at end-October last year, has a total surface area of some 13,300 m2, as well as 455 parking spots. MIB will continue to manage the centre, Union Investment said.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
