Union Investment Group belongs to the German cooperative financial network and offers solutions for institutional, retail and real-estate clients. It was founded in 1956 by 16 private and cooperative banks by 16 private and cooperative banks and is headquartered in Frankfurt.
Its first mutual fund UniFonds was founded. As of 31 December 2017, the group manages a volume of €327 billion, making it one of the leading fund management companies in Germany.
Hotels are the core specialism of Union Investment. It has around 60 hotel properties totaling 15,519 rooms in its portfolio, which has a total value of €4.8 billion (including € 1,4 billion mixed-use with hotel usage).
Its hotel properties are located in 9 countries, Germany, USA, Netherlands, France, Britain, Belgium, Austria, Poland and Spain. Union Investment works with more than 30 hotel brands around the world, from the budget to upscale segment.
In 2013, Union Investment set up UII Hotel Nr. 1, a special fund exclusively for hotel properties, targeting the fast-growing budget and midscale hotel segments.
