Covivio announces a partnership in Germany with CDC Investissement Immobilier


April 23 (Reuters) – Covivio SA:

* CDC IMMOBILIER INVESTMENT AND COVIVIO ANNOUNCE THE SIGNATURE OF A STRATEGIC PARTNERSHIP IN GERMANY ON A DOMINANTLY RESIDENTIAL PORTFOLIO LOCATED IN THE CENTER OF BERLIN

*THE PARTNERSHIP PROVIDES FOR THE ACQUISITION BY CDC INVESTISSEMENT IMMOBILIER OF A 49% SHARES IN A PORTFOLIO (39% FROM COVIVIO IMMOBILIEN, A 61.7%-OWNED SUBSIDIARY OF COVIVIO, AND 10% FROM COVIVIO)

* FINALIZATION OF THE TRANSACTION IS EXPECTED IN THE 2ND QUARTER OF 2024 Original text on Eikon For more details, click (Editor from Gdansk)












©2024 Thomson Reuters, all rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.



Source link -87