Union Investment and Investa set up German special fund
Union Investment has partnered with Investa Capital Management to launch a specialized fund for office campus properties in Germany.
“This new concept is aimed predominantly at institutional investors looking for strong ongoing income and wanting to broaden their real estate exposure to include this exciting emerging segment,” said Dr. Christoph Schumacher, member of the management board at Union Investment Institutional Property GmbH, in a statement.
The first fund concept to be developed underlines the joint commitment of the two property specialists. Urban Campus Nr. 1 gives investors an opportunity to invest in pioneering working and office structures. The investment focus is campus properties, for example, office buildings that feature flexible space concepts and address sharing and co-working trends, as well as providing a high-quality urban environment.
The intention is that the new fund will invest primarily in diversified campus p