GE Real Estate Germany has acquired a portfolio of 18 office buildings in western Germany for approximately EUR 140 mln from insurance company HDI-Gerling Lebensversicherung. Twelve buildings in the 88,000 m[sup]2[/sup] portfolio are in the top seven business in the west of the country, namely Berlin, Dusseldorf, Frankfurt, Hamburg, Koln and Munich.
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.
