Union Investment sells huge office portfolio

Investment fund Union Investment Real Estate is selling Aqua office portfolio to French Amundi Immobiller for some €1 billion, propertynews.pl reported. The portfolio features 17 schemes encompassing around 278,000 sqm of GLA. The assets are located in various European countries,  mainly in the UK. The transaction is expected to be completed by the end of the year. Amundi Immobilier portfolio totals €850 billion. Union Investment has been operating in Poland since 1995.