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.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
