Union Investment buys newly built serviced apartments in Bremen
Union Investment has acquired Kontorhaus am Wall, the newly built serviced apartment project in Bremen’s historic old town, from Corestate Group. The parties agreed not to disclose the purchase price. The acquisition is being made on behalf of special real estate fund Urban Living Nr. 1. The recently completed Kontorhaus am Wall comprises 86 serviced apartments. The apartments range in size from 22 to 41 sq m and benefit from spacious communal areas on the ground floor and two roof...