Union Investment has purchased a 14,000 m2 office building in Planegg near Munich from LIP Ludger Inholte Projektentwicklungs, representing its first new acquisition for its special real estate fund UII German M. The transaction volume was not disclosed.
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.
