Union Investment Real Estate Austria AG, based in Vienna, is the Austrian subsidiary of Union Investment, that manages the open-ended real estate fund immofonds 1. Union Investment stands for forward-looking real estate investment worldwide. We provide private and institutional property investors with a comprehensive investment platform. Union Investment currently has assets under management totalling around EUR 50 billion in its open-ended retail real estate funds, specialised funds and service and pooling mandates. We invest in the office, retail, hotel, logistics and residential sectors and hold around 440 commercial properties across 24 countries in our actively managed portfolio.