Union Investment Real Estate has carried out its first acquisition in the London office market for three years. The German company acquired the office building at 10 Gresham Street in the City of London for just under EUR 165 mln from insurance company Standard Life. The property is being contributed to Union Investment's open-ended property fund UniImmo: Europa.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
