Orchard Street Investment Management has completed the acquisition of 6-10 St Andrew Street in London from Prestbury for £23.5 mln (EUR 29 mln), reflecting a net initial yield of 5.27%. The acquisition was made on behalf of St James' Place property funds.
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.
