Union Investment has emerged as one of the most active buyers of European commercial property in 2009, according to the latest PropertyEU ranking of top investment deals. The Hamburg-based open-ended fund manager accounted for a transaction volume of EUR 1.2 bn over the year, ahead of Deka Immobilien with EUR 980 mln.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
