Union Investments has rolled out a new real estate (RE) portfolio concentrating on residential properties in Berlin, PropertyEU reports. The Residential Value fund has already acquired Ortlergärten in Berlin-Steglitz from an unnamed French-listed real estate company. Union will handle the management and administration of the €250 million fund. Dupuis GmbH & Co. Asset-Management will be responsible for the portfolio and asset management of the fund.

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