Go to deals
Real Estate

Union Investment Real Estate has sold two business parks to Sirius Real Estate

Union Investment Real Estate, based in Germany, has sold two business parks in Berlin and Potsdam to Sirius Real Estate for US$56.5 million.

This transaction includes "B1 Business Park" in Berlin-Mahlsdorf and "Unternehmer Park" in Potsdam-Babelsberg. Both business parks together provide 67,774 sqm commercial space and are let to well-known tenants.

Sirius Real Estate owns and operates a diversified property portfolio of business parks across Germany, with over one million sqm to let. Under the Sirius brand, each business park offers flexible workspace and services to suit small and medium sized enterprises.

Union Investment Real Estate GmbH is one of Europe's leading property Investment management companies. The firm combines over 45 years of asset management with capital market expertise within the dynamic Union Investment Group. Union's portfolio comprises some 319 prime properties in outstanding locations in the world´s major cities.

Oaklins' team in Germany advised the seller on the whole transaction process.

Parties

Talk to the deal team

Dr. Florian von Alten

Managing Partner
Hamburg, Germany
Oaklins Germany

Related deals

Amot Investments Ltd. has issued bonds
Real Estate

Amot Investments Ltd. has issued bonds

Amot Investments Ltd. has raised funds to refinance the company for further development.

Learn more
Belvoir Group has merged with Property Franchise Group
Real Estate

Belvoir Group has merged with Property Franchise Group

Belvoir Group plc has merged with Property Franchise Group plc. The merger creates one of the UK’s largest multi-brand lettings and estate agency groups with a growing financial services business and with a market capitalization of approximately US$250 million.

Learn more
Brack Capital Properties N.V. has issued bonds
Real Estate

Brack Capital Properties N.V. has issued bonds

Brack Capital Properties N.V. (BCP) has completed a fundraising to develop the company.

Learn more