Union investment has acquired the Mira shopping center in Munich through a reported investment of around €80m. The deal was struck on behalf of one of its institutional funds. The shopping center, which was opened in 2008, offers approximately 25,000 sqm of gross leasable area, which is occupied by 60 shops in three levels. Among the primary tenants at Mira are Rewe, H & M and Tom Tailor. The property is managed by Koprian iQ.
