Union Investment completed the acquisition of Westfalen Center Dortmund from AFIAA Investment Foundation.

Union Investment, a real estate investment management company, completed the acquisition of Westfalen Center Dortmund, an office building, from AFIAA Investment Foundation, a real estate investments company. Financial terms were not disclosed. “Since the property is already laid out as a campus, our The Plant concept can be adapted very easily, enabling implementation of forward-looking working and office structures. Starting with office buildings that feature flexible space concepts and a prestigious ambience while also benefiting from a high quality urban environment, we transform campus properties into spaces that cater to all areas of daily life,” Wolfgang Kessler, Union Investment Member of the Management Board.