Hamburg-based Alstria office REIT has signed an agreement to acquire an office building in Berlin for EUR 55 mln. Located in Berlin-Charlottenburg, the property has a total lettable area of 22,500 m[sup]2[/sup] and is fully let to Deutsche Rentenversicherung, Europe's largest state pension insurer, until mid-2012.
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.
