Sonae Sierra, through its subsidiary Sonae Sierra Brasil, has opened Parque D. Pedro Shopping first expansion, in Campinas, Brazil. The extension represents an investment of EUR 9.6 mln and is made up of a new boulevard with 34 new stores with 5,450 m[sup]2[/sup] of Gross Lettable Area (GLA).
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.
