Union investment purchases ECLIPSE

The Eclipse office tower in Düsseldorf is going to the Uniimmo: Deutschland fund from Union Investment.

Union Investment has secured itself the planned Eclipse office tower on Düsseldorf’s Kennedydamm. The landmark building with high visibility is on the verge of completion. It was purchased for the portfolio of the open-ended mutual property fund Uniimmo: Deutschland. The vendor is a joint venture between die developer Projektentwicklung GmbH and Oman Investment Authority. The parties agreed not to disclose the purchase price.

During the development of the landmark building, great attention was paid to the quality and sustainability of the property. A photovoltaic system on the roof supplies the office tower’s communal areas with green electricity, there are 46 e-charging stations in the underground car park and a green bicycle garage (also with charging stations) and landscaped roof terraces. The building is also controlled with smart building technology. In addition to the DGNB Platinum stamp, the building aims to win DGNB Diamond status for outstanding design and architectural quality.

Union Investment received legal advice from Clifford Chance and tax advice from Heuking Kühn Lüer Wojtek. die developer Projektentwicklung GmbH received legal and tax advice from Noerr. Colliers and JLL acted as co-mediators. UNStudio from Amsterdam and HPP Architekten from Düsseldorf were responsible for the design.