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Access here alternative investment news about Deutsche Asset One Buys Residential Portfolios For Union Investment | News | Ipe Ra
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Deutsche Asset One Buys Residential Portfolios For Union Investment | News | Ipe Ra

by realassets.ipe.com posted 8months ago 39 views
Deutsche Asset One has bought 750 apartments valued at around €90m. : Deutsche Asset One has bought apartments valued at around €90m for two separate account mandates from Union Investment. In 2016, Union Investment awarded Deutsche Asset One a mandate to invest in German residential property. Deutsche Asset One, a Dupuis Investment & Asset Management company, said it has bought 750 apartments in Hamburg, Leipzig, Magdeburg and Saarbrücken. Sellers in the latest deal include a number of German family offices. In the past 24 months, Union Investment has bought residential properties valued at around €500m for both mandates.

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