HSBC REIM has acquired 7,826 m[sup]2[/sup] of offices in the southern Parisian suburb of Rungis for SCPI Elysees Pierre for a total of EUR 12.3 mln. The offices are fully let, French property news website Business Immo reported. Keops, investment department, and the Morin practice advised on the transaction.
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.
