Union Investment sells office property in Stuttgart

15 January 2018

Union Investment sold an office property in Stuttgart to Conren Land. The purchase price was not disclosed. The office building was sold on behalf of UII German M fund. The property, located at Nordbahnhofstrasse 147, offers approximately 6,700 sqm of leasable space. Colliers International acted as an advisor. Union Investment acquired the five-story scheme as a project development in 1984. The company completed the building in 1987. The main tenant is DAA Deutsche Angestellten-Akademie, an institute for continuing education.

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