Erste Real Estate Fund has acquired a 4,400-m[sup]2[/sup] property in Szeged occupied by electronics retailer Media Markt in one of the few significant property transactions in Hungary this year. The vendor is Caelum Development. The parties agreed not to disclose the price.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
