Hamburg-based investment management company Union Investment has acquired the West-Park office building in Zurich for EUR 104 mln. The property, which is earmarked for the group's open-ended real estate fund Unimmo: Global fund, provides a total of 27,000 m[sup]2[/sup] of space. The property, sold by West-Park Zurich, was developed in 2002 and is currently 94%-let.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
