Hamburg-based Union Investment said its L'Unico and Pixel project developments in Luxembourg were completed on schedule at the end of 2007 after a 15-month construction period. The company said the two mixed-use projects, acquired in 2006 for its open-ended real estate fund UniImmo: Europa, are now operational.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
