Budapest-based TriGranit Development has teamed up with Gazprombank's real estate unit to enter the Russian market. The two companies have set up a new joint venture to build shopping malls, offices, hotels and logistics centres in cities including Moscow and Saint Petersburg, Hungarian newspaper Napi Gazdasag reported.
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.
