Insurer Aegon's subsidiary TKP Pensioen announced it has invested EUR 52 mln in Standard Life's EUR 2.8 bn UK shopping mall fund, therefore becoming the first overseas investor in the retail fund. TKP's head of real estate Robert-Jan Tel said that the Netherlands-based pension group is willing to further invest in this market segment.
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.
