German listed property company IVG Immobilien announced on Tuesday that it is transferring its German property management activities to two specialist partner companies in order to focus on its core investment and fund activities. Outside Germany, management of IVG assets is largely handled by third-party service providers.
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.
