The Hamburg-based real estate investment and asset manager has thus secured annual net rental income of EUR 282 million (2024: EUR 273 million) for its commercial funds. Thanks to the strong letting performance, the occupancy rate remained stable at a high level in terms of income: at the end of 2025, it averaged 95.3 per cent (end of 2024: 95.1 per cent).
“The fact that the current letting balance is so positive despite the challenges is an outstanding achievement by our entire letting and asset management team at our German, European and international locations. It is also proof that our active asset management approach is paying off. This is particularly true given that lease renewals and follow-up lettings – which, at 68.7 per cent or around 612,000 sq m, again account for the majority of the letting balance this year – are very time-consuming in the current competitive environment.”
Henrike Waldburg, Member of the Management Board at Union Investment Real Estate GmbH
Most of the space was newly let and re-let in 2025 in the three open-ended real estate funds: a total of 256,550 sq m was let in the UniImmo: Deutschland portfolio, securing annual income of EUR 105.6 million. UniImmo: Europa leased around 220,000 sq m, corresponding to an annual net rent of EUR 81.8 million. UniImmo: Global concluded leases for around 132,000 sq m in 2025, securing annual rental income of EUR 31.7 million.
