Union Investment boasts of 2018 leasing performance

German real estate investor Union Investment has revealed it leased a total of 63,000 sqm in its buildings in Poland last year with the country having thus become the second biggest (after Germany) leasing market for the company globally. The most space was leased in office buildings and shopping centers. New agreements accounted for as much as 44% of the volume (compared with just 15% in Germany). Union Investment’s Polish portfolio consists of 21 assets worth a combined more than €2 billion. Globally, the company manages assets valued at a total of over €40 billion. At the end of 2018, the commercialization level across the global portfolio stood at 96.6%.