Pension fund ABP has agreed to transfer its wholly owned non-listed office fund KFN worth some EUR 1.6 bn to ING Real Estate. The two Dutch companies said in a joint statement on Monday that the deal is 'the largest real estate transaction ever in the Netherlands'.
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.
