Union Investment

In the latest ACROSS Retail Talk, business leaders Hannah Evans, Michael Hiese and Roman Müller discussed the success of retail parks and the importance of convenience and simplicity.

In an exclusive ACROSS interview, Roman Müller, Head of Investment Management Retail at Union Investment, explains why early revaluation, operational strength, and disciplined positioning are driving renewed institutional interest in retail real estate — and why further concentration in the European retail market is inevitable.

Union Investment has acquired the Gewerbepark Stadlau in Vienna. Seller is the listed real estate company Nextensa from Brussels. The retail park is located in Donaustadt, Vienna’s 22nd district, and is therefore within one of the city’s busiest commercial areas. The purchase was made for an open-ended special real estate fund managed by Union Investment. The purchase price is around EUR 36 million.

QUARREE Wandsbek looks back on a dynamic year in 2025. A number of new openings across the retail, food & beverage, technology and services segments have further refined the tenant mix and sustainably enhanced the attractiveness of the location. With around 9 million visitors per year, QUARREE ranks among Hamburg’s high-footfall neighbourhood shopping centers.

On the 11th of December, Bershka celebrated a major reopening in Berlin’s well-known retail destination owned by Union investment and managed by Sonae Sierra – ALEXA.

Malte Wallschläger will take over as Head of Asset Management Europe at Union Investment Real Estate GmbH, Hamburg, on 1 January 2026. He will succeed Cathrin Schwartz, who has successfully managed this division for 13 years and will retire on 1 March 2026 after 21 years with the company.

Planning security for the Bethanien Center in Neubrandenburg: MEC, as the owner representative of its customer Union Investment, has brought about a resolution on the statutes of the city of Neubrandenburg’s development plan. This serves to secure the commercial location in terms of planning law and also secures the owner’s investment in the long term.