Sistema-Hals has said that it will concentrate solely on projects that have financing on place or can be carried out with co-investors. The Russian and London-listed developer announced the move as part of a strategic review to help it weather the global liquidity crisis.
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.
