Union Investment acquires Planetencenter in Garbsen from Savills Investment Management
Union Investment has acquired a retail park at Planetenring 25-27, 31-33 in Garbsen, Germany. The acquisition of the Planetencenter is being made on behalf of special real estate fund UII GermanM. International real estate investment manager Savills Investment Management is the vendor. The purchase price was not disclosed. The town of Garbsen is part of the economically thriving Hanover region. Garbsen and Hanover form a virtually seamless whole and are very well interconnected in terms of transport links. Hanover city...