Listed CEE property investor Immofinanz has sold an an apartment building in Vienna. The buyer is a corporation associated with the Austrian lender Raiffeisen Landesbank Oberösterreich. The price paid topped EUR 33 mln, which Immofinanz said was significantly higher than the current book value.
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.
