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- September 1, 2012: Vol. 6, Number 8

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Union Investment Sets Up Two Funds for SDK Group

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Union Investment Institutional Property GmbH has created two funds with a target volume of €250 million to consolidate the existing indirect property investments of health insurance company Süddeutsche Kranken- und Lebensversicherung (SDK Group).

Union Investment will provide fund administration services and assist with strategic focus and selecting new target funds. SDK-Immoselect and SDL-Immoselect will invest in real estate funds and similar open-end vehicles.

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