KPMG has bought a 999-year lease in a 15-storey office property under construction in London's Canary Wharf district. The Canary Wharf Group, a subsidiary of Songbird Estates, is to complete the building by April 2009.
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.
