Babcock & Brown, Australia's investment bank, and GPT Group, the fourth-largest real estate investment trust in Australia, have agreed to invest a further A$800 mln (EUR 478 mln) in their property joint venture to buy more assets and start new investment 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.
