Reinsurer Swiss Re has confirmed media speculation it is in 'exclusive talks' with a potential buyer for its City of London skyscraper known as the 'Erotic Gherkin' but it stopped short of naming the interested party. 'We expect negotiations to close by early 2007,' Swiss Re said.
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.
