Argo Real Estate Opportunities Fund, a closed-end fund focused on the CEE region, said on Monday that it has received a EUR 50 mln refinancing facility from Greece's second largest lender Alpha Bank. The company said it will use the proceeds of the financing to improve the group's capital structure and provide additional capital for current development projects.
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.
