Hamburg-based Union Investment Real Estate has purchased the Duplex Office Tower in Tokyo's famous Shibuya ward. The new property with a gross floor area of over 9,000 m[sup]2[/sup] was the first transaction on behalf of Union Investment's open-ended real estate fund UniImmo: Europa in Tokyo for some EUR 130 mln. The investment follows shortly after Union Investment's acquisition of the Solado Harajuku retail property and the Glass City Harumi office building.
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