UK-focused investment manager Apache Capital has sold Cumberland Place to City Developments Limited, a Singapore-based investor and developer for over £30 mln (€35 mln), representing an exit yield of 4.81% and exceeding the target sale price.
UK-focused investment manager Apache Capital has sold Cumberland Place to City Developments Limited, a Singapore-based investor and developer for over £30 mln (€35 mln), representing an exit yield of 4.81% and exceeding the target sale price.
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.